Bought dealTHis is a good deal for the company. I hate the dilution, and wish it were able to be done at a higher price, but given where we are, well done management. Interesting that we brought on a director from RBC cap mkts and the deal was done with BMO and Cannacord.
Also shows that both brokerages are well aware of FL.
It seems Trevor Walker is getting some good advice, on the Youtube presentation referenced on this board he was saying they are fully funded until after the next feasability study. Today he raises 10 mm fast and clean, that is a good move. Perhaps this will empopwer them to spend more on drilling in the near term. No idea where the stock goes short term, but this was a necessary move for the health of the company, the finances were looking pretty thin, this gives some more oxygen for a while.
Best of luck