Post by
drunk@noon on Sep 20, 2023 2:59pm
in his interview with mr shaved head on utube he stated
their would be no dilution in the expansion financing, and also stated it was virtually line up. But I am getting a sick feeling we are going to see something includeds additional dillution at $1. This of course would be mind-bowing in that the cashflow rate of the existing production, let alone at a 270-300,000 oz run rate would make ability to pay a no brainer. And of course the per share NAV would be double the current share price, which making using the shares as currancy at these levels a no go for anyone who has mastered grade 4 math. But the guy seems to enjoy destroying share-holder value at every chance. Is there anyone out there who has recently heard him reiterating no more dilution will take place?
Comment by
lumpy13 on Sep 20, 2023 7:57pm
No matter how ORE performs or Paddy says, you're always imagining the worst.
Comment by
irinka37 on Sep 21, 2023 12:51am
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