Ann: Fully Underwritten Institutional Placement, page-13

not not mentioning a CR doesn't infer they were lying about it.

holders are guilty of trying to forensically dissect every word of every announcement... and usually end up working themselves into a fit when some illusion does or doesn't materialise.

plenty of keyboard CEO's on HC, wonder how many of them have actually managed a half billion dollar company outside of SIMS!!

sometimes it pays to be prudent in business... we have no idea what apus, or even pavo south will deliver... get the cash now, have a solid base, and move on... and assuming $570m capex for dorado development, $70m is 12% covered... let's see how the rest pans out before we spit the dummy too hard.

besides, they can always buy back shares once in production... it's an option.