This is where we are... With $109,999,904 in new money; in addition to the subscription warrants at $2.55/2 years, for additional product $128,262,560; in addition to the extension of the bridge loan, followed by debt financing of $100,000,000; in addition to the proceeds from the sale of Mali's assets; we are very far from the bullshit that we have read here, on this discussion thread.
With 1,500,000 ounces of gold in the indicated resources category, including 1,000,000 ounces of gold in the reserves category; as much in the category of inferred resources; in addition to the definition drilling which continues, the technical report next September should be flamboyant.
For those worried about shareholder dilution, understand that this will be offset by additional mineral reserves; additional processing capacity; adequate working capital; a low level of debt; and so on... That said, the financial risks are considerably reduced and the earnings per share will be higher, despite the dilution.
In summary, Robex is entering the ranks of tier-2 gold companies, far from the risky bet of tier-3 companies; with long-term exploitation project; and the cash needed (~$400,000,000) to extract the value from this project.