EXU 0.00% 17.0¢ explaurum limited

great project , but market fears dilution because they need to...

  1. nk
    3,095 Posts.
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    great project , but market fears dilution because they need to find $100million CAPEX . They could borrow 60% of that, so its a tug of war between fear of dilution ( FOD) and FOMO! I have taken a small position awaiting the next CR. I guess they are hoping for some great outcome on the current exploration program to raise the market cap. Bullish sentiment towards gold stocks is helping anyway and this is a very high quality junior developer.

    Right now looks like FOMO outweighs FOD
 
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Currently unlisted public company.

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