RE:What I heardWell you would be wrong. The resource update is out the 1st week of June. It is not intentionally delayed. June 5-9th. You can't infer anything from this interview.
They did a good job raising all that money. You don't get to pick a high point and then make it happen. They made a calculated decision to pull the trigger when they did because they need funds, it was a good time and the risk was that the market or stock dropped and they'd be forced to raise funds at lower prices and more dilution! They don't have your crystal ball ...duh If they did it today it would be for at least $1 less so in perfect hindsight it was an excellent fund raise...most of which is treated as CAPEX so it comes off the final price tag....
The final package will be a glorious day! That means it's going to be one of the most profitable mines on the planet. To be fearful of dilution is ridiculous! All that matters is that the mine gets built, what the NPV is then, what discount to NPV its trading at and what price a 1x NPV would equate to. I figure $20 US upon declaring commercial production. All this whining about dilution is absurd. Is this the first mining stock you ever owned? It's how it gets done