I'm glad that your only concern is someone's personal...

I'm glad that your only concern is someone's personal interpretation of 'massive dilution,' which seems different from mine. Maybe if we were talking about credit raising, I would say that's fair - it's not much dilution for the 'X' amount that was raised. But we are talking about a land acquisition, which costs shareholders 106,250,000 TMG shares for the two projects, plus a 'finder's fee' of 102,000,000 TMGOD shares. So, adding both together (unless you don't think that TMG will be above the exercise price of 3c by 30 June 2026), we get a total of 208,250,000 shares once exercised. Just remember, this deal was made back in September, so working it out based on the SOI at the time (from what i could quickly find), we get roughly 40% dilution if you factor in the exercised options. Without factoring in the TMG options, it's about 20% based on the 106,250,000. If you calculate it based on today's total SOI, you get around 13% which doesn't sound so bad.

Whichever way you want to spin it to make it sound like a good deal is up to you, though.

All the above percentages are rough estimates based on the SOI at the time so only use them as a rough guide.

DYOR, NFA, and IMHO.

Slim