LOL
Its amazing how a high grade overcomes all ills eh Mr Bin?
Your implying that the strong POTENTIAL OCF(because we have NOT had confirmation of such a cash flow/but then why would NS,JPM,Jones,Brewer take up what they have not to mention the ever increasing broker recommendations?)overcomes such a dilutionary event as we had in the unit issue Sinbin.
In fact what is even more interesting is the ONGOING potential for further issues in this complex little tome.This was pointed out to me by our of our "Brighter lights" via email/but is yet to be confimed-as Im no expert in such complex issues-is anyone exceptone Vic Bradley???
Imo this could be construed as either/or all
* security for Perkoa(a personal company cost over run facility)
* more equity-based cash in case Mumbwa or the Perkoa environs exploration justifies a quick expansion of mining/processing facilities at Perkoa.
*more equity-based cash for a potential aquisition.
Note both these last ones would be assuming that they wished to progress such developments in quick time prior to any debt being paid out,either by an offtake linked debt arrangement or through a lender,still both very much on the cards and wont be known until we see THAT offtake.
d.
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