RE:RE:RE:RE:Updated December 2022 Corporate PresentationUnfortunately sw248, a short term pain / long term gain strategy might be that of share consolidation.
With an increase in corporations completeing 20 for 1, to 10 for 1 share splits this past couple months to pull their share prices out of penny status, that appears to be a common strategy to attract investment.
With almost half a billion shares currently outstanding, and you correctly estimating another half billion shares plus required to raise $100 millionish at the current share price, that would result in a billion shares outstanding for a junior miner with zero revenue for a couple years.
A 20 for 1 split would certainly hurt short term, but financing a potash project at $3.20 would be far less dilutive than .16 cents.
Interesting conundrum!