Post by
chulo123 on Feb 19, 2021 6:05pm
Money
There are so many examples of how companies find money to develop their own projects.
Certanly, it is better to have a high SP and De Alba knows it better than us.
Recently INO(Inovio pharmaceutical ) closed a public offering and common stock and full exercise of option to purchase aditional shares. The gross proceeds was 170 millios dollars for 26 millions shares.
If we make a public offering of 25 millions shares at 1,2 dollars per share I am sure we will find the money to do our drill commintments.
That number of shares would not dilute much our cake and would surely give us much more than what it would cost.
Comment by
ljmorin on Feb 19, 2021 7:46pm
At least there seems to be an adult [De Alba] in the room now with some stroke carrying the torch thank goodness. Have a great weekend! lj