Ouch! ~20% dilution which significantly hampers their ability to raise more within the next 12 months.
AEV burns about $620k/quarter in staffing and overheads.
DSO requires $11.5m, of which $2.9m is for mine security deposit and $5.8m pre-strip mining costs.
There was always going to be a race between a BOA and a CR. A BOA first would mean a CR at a much higher price than 0.011. I chose to remain on the sidelines because a BOA before a CR would need BC to achieve something of note in a timely fashion. But true to form, he does not.
all imo
AEV Price at posting:
1.4¢ Sentiment: None Disclosure: Not Held
