RE:RE:I think this is good news???Normally dilution is a big negative. But given the timing (i.e. when the PH govt is desperate to shore up their hurting economy by, maybe just maybe, allowing open pit mining) this could be a hint that the ban will be lifted. The Villars would know well in advance and this conversion lets then benefit large from any upside. The fact that the stock didn't sell of much with the news tells me others are thinking the same thing.
Cheers,
Robert