OOPS THERE IT IS There is the PP I wrote about a few weeks ago which is worst than I thought. A FT at $0.065? What is the premium on FT shares implying a FV of shares of $0.550 or $0.06 max.
About 46M shares would be issued to raise the $3M and 23M warrants will be outstanding at just $.13.
Tim did this because he now had no choice. The market has SIC by the you know what. At this point, I am gonna just ride this out and sell some positions into any future rally. Five years of drilling Moosehead and worse now than 2018 when we had 120M shares o/s and a share price typically between $.10 and $0.18.
Go BEX
GLTA
BC