RE:RE:RE:Current account deficitshneps wrote: Sorry, that post went up before I was actually finished.
My point was that the options and warrants will pull in some much needed money but will be at the expense of a huge dilution to current shareholders. This along with debt being converted into shares, as is a regular practice here, will further exacerbate the issue.
You need to account for any price increases as well as the share dilution.
You do have a good point.
If the project gets the green light, the share price should increase enough to make a lot of those warrants and options profitable, and they could be exercised to produce the much-needed cash flow to continue operations.
If the project gets delayed yet again, what does it matter, as no one will be profiting.