Post by
4marlin on Sep 01, 2024 10:03am
$
IR:
With a financing imminent (I will be taking part in a significant way - please contact me if you are interested)
I am not sure how imminent.....as ever, time will tell.
If I call correctly, FNI is one of Matthew´s biggest positions.
Bb
Comment by
Crashcomingsoon on Sep 02, 2024 4:01pm
The share price is cheap. So, you can buy a lot of shares very cheaply. Do you see somr reason to be hopeful about Fathom's prospects? Mathew must be in a large negative position on his Fathom holdings.
Comment by
4marlin on Sep 02, 2024 4:16pm
Shares being cheap is not enough. You must also look at cash (not much here) and ability to raise $. I very much doubt that we will see a drill program before winter. IF they can raise $, @ what price will that occur and how much dilution will we be subjected to? I favour a JV on part of the land holdings. Bb
Comment by
Crashcomingsoon on Sep 02, 2024 6:24pm
Granted. So what is your rationale in taking part in the financing in a significant way? financing imminent (I will be taking part in a significant way
Comment by
4marlin on Sep 03, 2024 7:51am
I am not taking part. IR (which is how my original post started) refers to Investor Relations. He sees fit (it appears) to participate. Bb