Its certainly the worst for me ... Depending on how much they issue, I will have to sell some I already own, in order to buy more ... so stuffs up my tax situation, and achieves nothing.
As for the bigger picture .. they would have chosen the best possible option ... so this must be it.
The big positive is that it includes Canada ... more promotion, more liquidity there, and therefor more direction from what is the worlds premier center for uranium equities & investors.
In the end Etango & Anomaly A stands or fall on its own merit. If its a world class project that we all think it is, it will be around $3-4 within 12 months.
Expect some JUICY announcement to flow after the SPP is announced, just to spice up the deal.
bannerman announces proposed equity financing, page-9
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