RE:Capital raise / placement coming
minigoon wrote: Sproule report unrisked best estimate contingent resources Capital required: $10.5MM for single well facility to produce Discovery Well Helium pricing: constant $340/mcf adjusted for transportation Other product pricing: Sproule March 31, 2021 forecast
I think we see a placement comming with attachments that the raised dollars will be strickly for building of the plant.
IF this does come about, how much dilution do you expect?. Ex., if 10.5 million is needed, then would they raise 12 million due to finder fees, etc? If a full warrant attached, then at what price? At what price would they be able to fianance? Interesting.