ord share dilution with capital raising

Just to bring you all back to reality for a minute, we need to be aware of the effect that raising capital through the issue of shares will have on the share price.

The projects will all need a major amount of funding to develop from exploration status into mining operations.

Hence,if ORD wants to maintain its equity in the major projects, it will need lots of capital and one way to gain this, given the popularity of the stock, is to issue a lot more more shares.

(The Chinese of course would be prepared to lend ORD money at a price - eg for a greater slice of ownership in the ORD pie.)

I think we need to be realistic and not be too driven by greed and instead take a careful look at the practical aspects ORD needs to consider eg capital raising for feasibility studies, infrastructure development and lots more -if it is to become a miner of significance.



regards
Birdseye