Hi pete11, 10c would be circa $400M so a $20M or $30M dilution would only be 5% to 7.5% and enable a couple of years regular exploration or 1 year and Resource drilling at CY or Mangaroon. That would be fantastic IMO. An optimistic view of course. I did see Peter Cook come along and sell Manna to GL1 for $80M a few years back. A sale of the REE would be substantial for this company IMO.
Onward and upward. Eddy makes a lot of good points (with others) as to why a positive outcome is possible if not more probable than not.
Cheers CW
Hi pete11, 10c would be circa $400M so a $20M or $30M dilution...
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