So how much more cash do they need ? I’m sure they would have a rough estimate .. CR @16c for $40mil would mean 250mil Shares will be issued. Nearly 25% dilution plus they will have to give them a discount .. so where will the share price land at ?
Doc AC has been talking about creating wealth for SH’s for last 2 years..which is no where to be seen.. only false promises and lies to suck the last bit of hard earned $$ from mum n dad to fill their pockets .. the only people creating wealth and minting money is himself and the others on the Management.. he has some explaining to do.. does the cuts include him taking NO Pay for next 2 years or till the mine turns cash flow positive ?
Further punch on the Nut$ for who believe in him..
where is the webinar ??
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