Best case scenariois that with the senior people now on board including Wannocott and others yet to be named, this company will now move forward in a big way. This has been the main problem in the past, lack of experience. It may be that the kaolin mine will start much sooner than expected (maybe in 1-2 years rather than 4yrs+). If that is the case, the dilution will have been worthwhile since the company will move faster than it otherwise could have.
I feel that selling now is a big mistake. If you want to get back in when mine construction has started, expect to pay about double current prices. The downside for now is 10 cents (50 cent stock). The upside is many times greater that. Very good risk reward ratio for me.