selling an unmarketable parcel?, page-20

I feel you're pain fursty, but it's not like were giving away big chunks of our ownership to supposed "institutional investors." Everyone seems to be getting caught up on the price of the issue, which doesn't really make sense for a non-renounceable rights issue, as if you take it up theres no dilution in ownership. Would you prefer that they diluted the company significantly at these lower prices?

I feel the company senses the share price is being hammered not only by sovereign risk, but also the time factor of not commencing production til 2016, and to turn that around the company needs to expedite the process, hence the capital raising. Although I'm frustrated, I still feel we are the victim of market conditions in the main. Dont forget it's still an explorer and of course the DFS is going to open up more avenues to funding