Post by
GraviTee on Dec 01, 2024 9:30pm
Dilution Dilution Dilution
Any junior financier would know TUD has another 6 months of dead time and share price erosion ahead.
What will it take to raise enough funds for a worthy 2025 drill campaign having to do business with skittish risk adverse financiers now.
Looks to be an sp increase likely up around a hundred million shares in addition to get off the ground next season.
Financing high risk explorers is off the table unless a very high risk price is paid that will be equally as tough to aquire..
Comment by
sequen on Dec 02, 2024 6:38am
The suggestion that Tudor will need to issue "a hundred million shares" for future operations is highly speculative and overlooks alternative funding sources and the strong strategic value of its assets.
Comment by
cskhurasu on Dec 02, 2024 11:31am
The NGOs are playing the NGO game. As soon as they start the legal proceeding, up goes a fund raising web site. They have tried this twice before on the KSM EAC and failed. They need projects like KSM and government decisions to raise money to pay themselves. When TUD moves farther along the approvals chain, it will get the same treatment.