the reality of the matter is no end user will do deals , when your half a decade away from producing ,if this co. was at mine development stage i am sure they would have come forward , i say Tony would be a genius if he could get 25mill. from the end user even at 80c, better then going to the market and getting 40c , look at the dilution, another 62-63mill. shares on issue , probably one year of drilling with two rigs , and then off to the market again .....all exploration co's are caught up in this vicious circle
cheers
- Forums
- ASX - By Stock
- PLV
- comparisons and further questions
comparisons and further questions, page-41
-
- There are more pages in this discussion • 58 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)