Morning all. @rusty388 Yes we take a dilution and share the new mc with more shares. What we have for that is, A cash injection with no cr costs at a higher price. Plenty of fire power to explore.
We are now in an enviable position to drill those compelling targets with a cornerstone that paid more for the shares than the current sp. I have topped up and will add more given that I am buying at 2c or so less than injection price.
$12m? $11.5m? that is still plenty for testing the thesis. I like the risk reward here.
Kind regards, Wack.
AGC Price at posting:
6.1¢ Sentiment: Hold Disclosure: Held
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