FMJ fortis mining limited
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new global force in potash, page-34

  1. Agent88
    140 Posts.
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    19/05/11
    16:45
    Post #: 8425224
    Dilution is good for the company, will eventually free up shares and create great liquidity.

    As for the background of the investors and whether they have the cash....the announcement does not state that Fortis will issue shares on a promise for funds...and someone please correct me if I am wrong, but there is mention of 12 month and 24 month periods...

    I think it looks like a reasonable deal.
    FMJ Price at posting: $2.09 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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