RE:Dillutionfair enough, but under current market conditions, we would have gotten hammered regardless, and this is pretty much demonstrated by just looking around at the rest of the companies that also have great stories to tell that are likewise getting hammered.
Under these overall (temporary) market circumstances, I'm actually quite happy to have the house "dillute" our share structure, if they are willing to pay a substantially higher price than the rest of us; and that's exactly what they've done.
That's over $50 million extra, with which to ensure the continued expansion and development of the production, that these houses antied up at $9.25/share. I view this in a positive light.
I've never bought a single share for $9, or $8, or $7. or even $6, or $5. K92 remains my largest holding, and it doesn't owe me a single penny, as my total share holding costs were covered by my relatively small sales from $8 to $9 over time, which more than covered my acquisition costs, which originally were sub $1 prior to the sales.
My confidence in K92 prospects remains intact, and my confidence in their management team and future price direction is undaunted.