This makes me laugh - "If anything well done management for holding off thus far and sparing all holders from massive dilution..."
Go and have a look at Wolf Minerals (WLF) a company JD and Adrian Byass were a part of and tell me how they secured funding for their mine.
600,000,000+ million shares added to the registrar at the expense of shareholders.
So don't think for one minute that this option won't be on the table when/if it's time to fund the Citronen project.
ZN $1.10 Before Year's End?, page-6
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