I am sure Furpo was talking about the dilution caused by the directors sale not the placement.
I thought it rather considerate of them. Could have realised 78-80 cents a few days ago.
Looking forward to next update now this is out of the way. Presume gold sales will pay loan come March.
The highlight as Bitzer pointed out is the huge drill program.
SP held well considering the $20 fall in POG....not to mention the stupidly strong AUD.
BLK Price at posting:
72.5¢ Sentiment: Buy Disclosure: Held