RE:RE:RE:RE:RE:To the long ones....To be fair, JSL's mantra was to minimize dillution. He mentionned the 200k mark as a reference and has done an excellent job so far (including the last PP) to keep our share count low. Ther was at least demands for three times the amount of shares they put on the market.
Look around. Nemaska had over a billion shares. Many Australion plays went over the billion share mark as well and then the likes of LAC and Galaxy went for a 5 to 1 and 10 to 1 reverse spilt to lower their share count.
Timing is everything and to get our show on the road producing concentrate by the end of 2023 management are doing everything in their power.
Do you thing that the last PP was negociated in a day ? I am sure that it was done when the SP was way below the 1.75 mark. Then our SP shooted up close to 2 dollars on the anticipation of the imminent provincial permit release.
With the news of more questions that would delay that and then "mis-interpreted reasons for the PP the SP went back down. Some heavy hitter from the 1.10 PP decided to remove his marbles from the game and that's it fellas.
No secret deals sleeping with brokers and friends. The Lavalle clan lost millions when our SP tanked.
We are still on Santa's list but our gift might be delayed by bad weather (comex speed)
GLTA