Post by
Thundersole on Oct 21, 2013 11:30am
Where do we go from here
Is there any other choice other than an equity issue to raise some capital.
If they don't do anything and have 350k a quarter in royalties, maybe they should just pay it out in a dividend, they could pay a couple cents a quarter;).
I'm sure that there isn't much choice other than an equity issue if they want to grow the company......
Comment by
Thundersole on Oct 21, 2013 1:20pm
According to a previous post SND should have 900k a quarter from the Glencore royalty, so is that enough to get another stream within the next couple years. Still seems there has to be an equity issue....
Comment by
Thundersole on Oct 22, 2013 7:05am
The dividend was a joke, I winked at the end. It would be an admission of failure. I guess maybe they will do like they did a couple summers ago and issue equity to cover streams that they have already conditionally signed. .......