Actually there's now more dilution, which ultimately lowers the value of your shares to a relative MC.
I agree that the silver lining is that the company now progresses their projects .... but the silver lining stops right there (unless you're one of the investors who got a bargain).
Glad we're not going into admin and the LT prospects of this company now look good .... but it doesn't change the poor performance by Management IMO.
Cheyne.
GMC Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held