Post by
mill44 on Jan 12, 2016 10:42am
Watch for
the rights exercise. That will tell you everything you need to know about the future plans. This is exactly the scenario they were preparing for. Enough diamonds for a mine but not enough for the market to finance it, so it is up to them.
Comment by
shneps on Jan 12, 2016 11:16am
If the Friedlands are going to have to finance it they may as well collect as manys rights shares along the way. And a few million $ in retail.
Comment by
mill44 on Jan 12, 2016 11:24am
That was the idea. Do you see anyone else putting money into this project ?