Post by
BulletProof on Dec 02, 2021 9:38am
More Dilution AGAIN!
Oh well at least it will keep Robin Adaire and the other Geo's with a salary.... Sorry shareholders
Comment by
Jessyoz on Dec 02, 2021 1:22pm
FT means the after-tax cost is 24 cents. Thus the price is based on a $40M value for OM. Funny that in the same PR, they mention that the PEA in July 2020 has indicated an after-tax NPV of $500M and an IRR of 29.6%.
Comment by
BigGoldleaf2400 on Dec 04, 2021 10:12pm
It's starting to look doubtful now if they can't catch a break with the share price this thing will be diluted to oblivion
Comment by
Jessyoz on Dec 06, 2021 4:25pm
Everything seems to take forever to do in this company and now they're out of cash again. I wonder what all their employees do all day? There's almost no exploration. Do they sleep on the maps? Are they using the full-salary part-time job business model?