No doubt all parties will want to avoid dilution as much as possible. Usually in these instances there will be a rights or open offer to existing shareholders if there is a need for further funding, which appears to be the route GRV are about to take. Hopefully any open offer would also be underwritten with prospects this good. Or there is the route of debt funding once they can prove there is a mineable deposit and need funds to develop the mine, thus avoiding further dilution.
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