DebtI for one am glad that they chose the equity financing over debt for the shortfall.
If debt was used not sure but could they borrow $150 million for 6% or under, if so that would be $27 million in interest over 3 years ( before cash flow) . May not need the whole amount upfront but where will interest rates be in 18 months and what will be the requirements of lenders at that time.
Also keep in mine that supplier to "want to be mines" feel much better when financing is in place.
I had a 18% first morgage in 1980 I know how things can change in a few years and stall
projects.
Most important we need the price of Gold to hold above $1500.00 to keep this stone moving.
Best to sell or quit complaining ( you are in big boy pants now )and move forward, been here since 2010 and if you have not trade this stock around price flucuations thats your problem. It is really the price of Gold that put pressure on the share price, check it out with charts and comparisons to other explorers, look at 3-5 year chart to see the waves from high to low and back to high.
MOZ " HAS GOT THE GOODS " so sit tight most waves are less than a year for 50%-75 % return.
Take care.
Birdie