RE:Financing sign of a low?So we were prepared for this - DM has stated in a few interviews previously that going to the market was required this year - I thought it would be later on in the year subsequent to completion of mine financing and announced off take agreements - you would think that the SP would be higher after those announcements? and we would suffer less dilution? DM has talked about a market re-rate after those announcements recently.
The timing makes me wonder what colour rabbit is going to be pulled from the hat. What don't we know?
Still waiting to hear about the letters of credit Daniel, what is going on? well managed but unable to keep to announced timelines.
Crazy Specultions by me...
For example, we decided to dilute now because the mine financing is not going to be acceptable/available and we are expecting further delays? In other words the SP is gonna fall some more?
Or maybe we have decided to re-evalute the mining method because a few km away Orano is investigating ISR, and we are gonna do the same? more delays.
A share consolidation is coming? A merger?
I don't know.
Still a believer in the future of the mines though, so far essentially no debt, large resource, PERMITTED is big, long lived and all kinds of future U to be founf on the exisitng claims.
GL2U