Agree and as they need to raise soon a rights issue/SPP would be far less dilutive as long as you as an existing holder want to participate. That option and some debt may be a practical solution.
They may not want to go down this path if they don't believe they will be supported by a good percentage of the registry.
A good problem for the corporate adviser's to have, Argonaut must be licking their lips$$$.
Ann: DFS on 3.04Moz KGP on track for delivery next quarter, page-464
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