Post by
bargnhillbilly on Jan 18, 2023 12:39pm
Does Feb. Financing Launch Our Price?
After we see how much money we get from Canadas government grant. We will see how much GENM needs to borrow. Any share placement and at what price should be settled. I would think it should be onward and upward from there? I'd just like to see $1.50 - $2.00 this summer! Where we should truly be. The only obatacle I see after that is permits and I don't see that being a big deal. What do you guys see?
Comment by
AGTCTTWW on Jan 18, 2023 1:54pm
Bargn, it's actually $240M from Wheaton, $40M upfront with another $200 million still to come for about 5% (in $ value) of the metal to be produced. Yes, that is a lot of dillution avoided by Generation management looking out for us little guys.