RE:RE:RE:RE:Where is our dear friend Jin?No..this is normal for a resource development co. PGM is 100 % fully funded to first gold pour in Fall 2020. No more dilution for the foreseeable future. So 360 million share float is not bad.
And IF taken over, no big deal.
See how well B2Gold is performing these days...Clive Johnson re-did the same thing he did at Bema Gold but even better...took over 13 years to get it to this level of excellence, but look at where B2Gold is now at around 1.05 M estimated gold production this year at some of the industry's lowest AISC (now lower than Kirkland)....but a big share float over 1 B.
Now that dividend has been doubled...next step later in the year will be to introduce a NCIB for buy back at B2.
JIN
lsjblade wrote:
just a small remark jin,, don't you find that the flaot is to big at 360 million?