RE:RE:PFS costsWell my fear of dilution is finally here. At 50% equity raise,at today's prices that would raise the float by 900M shares. I do not think they will raise equity first, hopefully debt first and then equity so the share price recovers. I will pump this into my model later and share the results. 50 mine life is a big plus as is the higher annual production.
They are holding a low contingency for this stage of the project. The capital cost is more than likely to increase from here. Let's hope Ray (CFO) knows what he is doing. I personally think it's time to give him the boot, Chris as well.