mmmm more money for Wayne to keep drilling and exploring, when will he finally mine something, probably in 2020 when the whole mine will be sold to the largest shareholders, by that time all retail holders will have been diluted.
Again why raise the money and only $15 million, the other shares are just being given to pay a creditor who has probably charged rack rate for this - I mean honestly you can not expect them not to receive a premium on these shares.
Why not come up with a schedule to mine and how much it is going to cost in total and when first production is going to be.
CDU Price at posting:
$3.34 Sentiment: None Disclosure: Held
