place done, page-32

if the mine is going to be as lucractive as WM says I don't necessarily agree that placing so much stock is the best outcome for us

someone said at the AGM that WM rejected a BFS because of the cost, what about the cost of diluting existing shareholders through placing more equity? they've done well thus far but do the sums of some debt and equity (in terms of EPS) compared to just equity

I am basing what I say on the fabulously wealthy mine we are promised, so why raise all this equity at this stage?

just playing devil's advocate here but WM's past bad experience here with banks shouldn't be the overriding factor as to how we proceed