Post by
miningmatters on Jun 28, 2023 11:23am
Ouch
25M Equity raise of 23% dilution at 10% discount to last close<br /> <br /> Plus<br /> <br /> 25M new debt to pay portion of debt coming due at discount but better interest...another future 20% dilution <br /> <br /> Use of funds is corp expense and studies...not building smp or resuming ico...that's spending to spend (and dilute) more later. <br /> <br /> Seems headed for .04 or worse. Risk buy and hold below .03. <br /> <br /> <br /> <br /> <br /> <br /> <br />