Can someone help with this pls? Dilution is becoming an issue - even if the BFS values us at say $600 million... say 20c right now.
If we get loans for 750mill, the other ~400mill would be shares?
If we are still worth $600mill, fully diluted that would end up back to ~5c?? Where is the upside for current holders?
sorry if someone has already addressed this but too many posts on other threads. Thanks.
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