I am looking forward to good positive news with the ann of this CR - IMO the SP of BC8 has suffered from the deal with the Chinese interests.
Too many times have I seen China defaulting on agreed terms in order to get a better deal - so lets hope that is now behind us, one way or the other.
IMO the best way to finance the mine would be pre-sale of off-take and/or sale of an off-take agreement (gold will be scarce for the foreseeable future)
Or sale of a royalty agreement - which would be a valuable asset for a fund.
Anyway IMO the new deal is struck, and Tuesday's ann is just advice to SHs. Maybe, just maybe there is a SPP included (as with BUX's CR where its cornerstone SH advanced to 19% holding and all SHs got SPP up to $30,000.)
Participation in CRs is the best way to avoid dilution, debt finance actually is dilution to, but of future profits.
Great News.
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