re: Ann: KFE upgrades Scoping Study to Prelim... The more bigger investors, the more shareholders will be diluted. At the current share price a few million dollars raised is going to dilute shareholders heavily.
Nobody here accepts that we are in a resources bear market. Chinese data continues to confirm this.
I am of the opinion that many shareholders of TGP will gladly take 5 to 10 cents for their shares when they come out of escrow in the next few months. It's a long time to keep your money invested with no return and unable to sell their shares for years.
Once out of escrow, they will have the opportunity to sell - something that was not afforded to them as being a shareholder of a previously unlisted company.
Just my thoughts of course.
Happy New Year to all.
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