News: Think zinc: miners bet big on revival in key base metal market, page-15

His comments are reflective of the industry. Twiggy is an exception and pulled it off with minimal dilution.
SFR was also a success. IBG is well positioned.

Hence read my post that Jonathan Downes needs to stop hanging around brokers and spend all his time with credit bankers and customers. Now that streaming deals are increasingly common, JD has no excuse to come to the equity markets with the 70% debt funding he keeps shouting. Receive cash upfront in return for streams of zinc in the future. If he doesn't understand building shareholder measured on a PER SHARE basis, he is unqualified to be MD. Yes, JD, you are replaceable and you work for us shareholders.

In my mind, he has received one big strike. Feeding Hartley clients stock at 3.2c. Guess what JD? They are dumping almost all those shares. Don't believe me? Go check on Bloomberg or Iress. All you have done JD is transfer wealth from existing shareholders to that group. I understand the firm needed cash, but your existing shareholders are all here willing and supporting. JD - you and your wife are shareholders too. Happily and willingly got diluted? He should disclose everything he has received from Hartleys worth over $100 in aggregate. Anything to hide there JD and feeling worried??