Say it doubles on great results (~300mill MC), raising 6 mill shares @ $5.00 (~10% dilution) will give them $30mil working capital that will be required to drill out this mammoth. I’m not sure why anyone would be concerned about CR unless they decide to CR before assays results are released. Only that scenario would be a dead set giveaway about their lack of confidence. Simple as that. Good luck all.
Ann: Company Presentation, page-48
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