RE:it was the same with viszla...Agree that this PP gives IAU a stronger hand and takes away any further doubt on when the next dilution will take place as they have enough cash now to put a clear strategy in place.
On the flip side it also gives an entity a very cheap entry point to pick up 4.9% of IAU without declaring their intentions. And/Or a spring board for a cheap bid to come in to take complete control of IAU. There's always that outcome !
Wondering where EQ fits into these plans, the next month will be interesting, I have no doubts that IAU share price will be higher at that point.