RE:blessing in disguise?I said it before will say it again: the price is kept low so the financing can be done while giving the partner roughly 30% equity.. They need $400M, let's say $200M in stock so 100M shares @$2. If the share price is let's say $5, it's only 40M shares. Chances of selling the $5/shares at $10 are less likely compared to selling @$5. The partner will recoup his investment... att he expense of existing shareholders. For me that's how I read the PP, otherwise management didn't have to do it. Protect shareholders my @ss..
This is a real project that will go in construction, the other juniors noted are far away from producing and speculative buys are driving the price.
We saw what happened when there was demand for shares, our price increased quickly but management kill it. My opinion only but we will wait and see