NO way to avoid dilution here....As much as i like & dislike Denison for different reason, these PP's are unavoidable and desperately needed if these uranium e&p's are to move ahead in a significant manner. All in all this was a good deal at a more than decent price point. And the fact they were able to get sucjhj a good deal at good prices just shows the strength & interest this sector has going forward. The hot venture is flowing in at large numbers & i don't see THAT slowing down anytime soon.
For any investor who wishes to take some risk & gamble with their investment in the hopes og REDiculously high ROI, then oyu guys are in the RIGHT sector. Now it's just a question of picking the right company. Is Denison it? I don't know, but you definitely can't go wrong with them if the sector continue to do well. Personally, i'm not an investor now but was many times in the distant past, but anyone who wishes ro be one, it's one of the better mid tier plays. I actually prefer the micros at this point, so i'm willing to take more risk than what DML/DNN offers........for a higher payout that is!
But to each his own, i guess. As for the financing, don't be upset folks, this is REALLY needed and there are a bunch of mining plays both large & small that would literally kill (mabye i'm exaggeratting a bit here lol) to get an accretive & lucrative deal like Denison just pulled off.......
GLTA