Post by
topgun on Jan 12, 2024 1:20am
Cell management created NILI
The management that created NILI is the same one that's started CELL. One would certainly not believe that they are Dumb. Selling nili now gave them the cash needed for 2024 with out dilution. If CELL proves to be as promising as NILI then they would have not needed to hold on to their NILI shares. On the contrary, some may see this as a wise decision.
Comment by
WobblyChart on Jan 12, 2024 9:02am
Agreed. They need the cash for exploration and drilling, and this is the least non-dilutive option. What perhaps others are confused about here is that CELL is an exploration company in the junior mining space, not an investment company.