They need to pull some decent rock chips to minimise dilution. Id say raise just enough for a 2000 meter campaign and hope they hit something that can boost the base for another proper raise. At the current mcap Leo has potentially caused a huge amount of dilution but at least we have flow thru funding till end of the year and that may be our saving grace in terms of minimising dilution. We are almost half the value of RBX ffs!
I think Leo owes us an explanation on why he is not targeting priority areas.
Ann: Highly Fractionated Pegmatites Confirm Drill Target, page-181
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
