On this dilution everyone is crying about - There was a capital raise of 30 million at a time when the sp was on a high at around 1.30-1.40. The money was needed to get the DFS work done and the timing was very good.
I would be annoyed if they do a CR now with sp at 0.5. Now is the time to work on the alternative funding options, such as the streaming
HCH Price at posting:
51.5¢ Sentiment: Buy Disclosure: Held
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