RE:RE:RE:RE:I like Paul…great....so we have $42M already....if Rio gets up to 20% thru another offering...that would get us up to about 185M shares and $84M cash. We should NOT need that much to get all the way thru permitted, etc.
Why let another $40M sit in bank with all the unnecessary share dilution????
Why not have much smaller cash position during negotiations ---- as i believe squeezing down share count thru strategic repurchase would do MUCH more for market cap than having an extra $40M sitting in bank!