PW get paid in cash, the directors can only convert half their fees and DGR took cash instead of shares because they needed it running on fumes at the time....its all about the end goal here...not production in 2018....if lind convert at 3.5c it only represents 5% for a 12 months period of funding and development....leaving 1100 tonnes plus....sold into better prices....every $1k AuUD better sale average is $1.1 million profit.
Did you not get you shares at a discount to what you would otherwise have been able to had they been producing mid year...its all about end game and not about 5c by xmas unfortunately for short term holders.
DGR Global
AMI 240 million
Tenstar Trading 110 million plus major DGR holder.
NM
LIND
PW
Theres quite a few major individual stake holders that seem to be aligned with TIN to 2025.
But you don't have to be a genius "to invest successfully over a lifetime," the man himself claims. "What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework."
Warren buffet generally always invests long term.
Theres too many deep pockets align with the conversion at 3.5c.....does not take much to push this up.....they will have the news and the best time to execute is Feb as the further advanced and lined up the projects are the easier to maintain a higher sp.
Need drilling results.....G2 sales and T1 commencement to happen within weeks of each to sustain a rerate....need to get sales to have lind worry about repayment.
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Price($) | Vol. | No. |
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