Who are these new shares for ?One could speculate that possibly all this was tailored to accomodate one big player who wanted in before the permit and other major NR's.
Management are saying that the proceeds will "fund the development of the Rose project" and that is a pretty vague statement if you ask me since to fund the project we need 400 millions ...... so now, we only meed 374 million ?
I have to believe that this is the best course of action at this date to advance our project.
GLTA