RE:How about an update on the closing of the PP offering ?I'm really curious to see the participation of the faithfulls in this offering ?
The last one had a participation rate of ~30%, which I think, is an indication of where this one is going.
My guess is BONE is going to pick up about $100K with a 20% participation.
Like it or not, I think this will show that were pretty much at the end of PPs financing Tim's salary.
JV partners - NO,
Offtakes - NO,
PPs - NO,
Other types of financing - Come on Tim, suprise us!
This could be an ugly AGM (the more so if they've ran out of money by then).
Regardless of the outcome of this offering, I think the only question that needs to be asked at this meeting is "Where will BONE find the $ to develop all the Part 3 documents ?". (Secured financing - The checks' in the mail - Yeah, Right !)
Prime property, ready for development, for sale ! Only $125M !