share price is due to the meat-head running the show. All hehas to do is borrow the money, instead of another insane round of dilution, complete the expansion. And at 2200 or even 2000 gold theirFREE CASHFLOW YEILD would be over 50%. Take the money pay back debt and spend the next 2 years buying back at the very least 50% of the shares. i.e back to back NCIB of 10% each and a 30% dutch auction. You buy back half the shares, and it would be the equavilent of increasing production from 250,0000 oz a year to 500,000 oz. And they could do it, that's what a 50% free cashflow yeield means. BUT NO! Every presentation the toad speaks at he is talking about getting hold of another property. So instead of buyihg back shares, he will either dillute buy issuing shares as compenstaion for antoher property That is shares yeilding 50% plus free cashflow. And/or he will take money that should be used for buying back severrly undervalue shares and use it to aquaire another property and than spend 100's of millions of dolllars developing it. The money should be spend on buying back shares. Double per share NAV and in effecg turn what would be 50% free cashflow yeild into 100%. But of course if he did this the share price would of course increase by 400% so the free cashflow yield won't get to 100% Do the math and yet all he does is talking about aquring another company. Or fear of fears combine the company with another one, thus surpreme dilution. The man sickens me.