10c down, my biggest red day ever(in dollar terms, BSX is about 49% of portfolio) But i have a cheeky feeling in a few months time we will be going up 10c a day. Unfortunately this is the reality of exploration companies, significant dilution is more or less the only means of getting to production, Even a solid company like BSX struggles to debt finance. Anyway its over now, pilot plant is a massive derisking event and that cash gotta come from somewhere
Ann: Blackstone to raise $60m via Placement and SPP, page-11
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