I see the dilution but look at this a little differently.
I am looking at share price now the gold stock down trend is over - and a return for me; operations and geology aside we all need a return on OUR investment.
I want the biggest bang for my buck and need FML to get on with that. They have set the foundation, a very large one but currently lack the capital to build this quickly.
There are always multiple options. This is what I am working on - what is the fastest way for shareholders (some long suffering) to get paid via dividends and share price growth - that about covers the two categories of investor.
Just had an interesting chat to Dean and exploring what he taught me in addition to the above. Dilution is the least of our concerns IMO. Its all about the money.
Cheers, CW DYOR
FML Price at posting:
3.8¢ Sentiment: LT Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)