Dilution is NOT a four letter word....You do realize that equity raises aren't done just to punish you, drill more exploration holes, do anymore studies etc....the future equity raise gets you a mill! You're not getting that gold out of the ground without a mill, equipment, infrastructure etc. The "dilution" everyone seems so afraid of buys you a working, highly profitable mine. You are getting something that has value, utility, purpose which generates enormous cash flow/profits. I'd much rather raise all the needed funds through equity than take on debt at interest which just directs my profits to some lenders pockets instead of mine.
So stop whining....construction begins and it's only a matter of time before we're pouring gold!