RE:RE:RE:RE:RE:RE:On going dilutionThe keys to this are going to be whether they have required ongoing research coverage from RBC and/or GS. They did not for BMO last timne around and that was a big mistake.
This company is still very small from mkt cap perspective, and not owned or even heard of for most investors. The company has not been willing to put effort into a better profile, that also has to change.
I would also hope after the deal closes (as nothing can happen during registration), they follow up with a more realistic business plan that includes a drill progtram for next year and an update on permits etc. The upcoming PFS is widely known, it is not a surprise to the market that the reserves go up, the NPV goes up as they revise the spod price closer to the market. All this is obvious, it is the management plan to speed this process up. They have been on this project for north of 10 years now, and it is time to show results. Remember they did not make the ore, or put the Li in the ground. All they had to do is drill for it. It is the rest of the process, permits, financing, partners, environmental etc., that they have control over, and they have been slow to get anything done.
best of luck