If hillgrove is not 100% debt funded the board should be strung up.
the dfs is going to present a lay down mesire . . A sure thing . . Payback of bring to production capital cost will be measured in months.
ron invested time and energy and company $$s into tripping off to sth Africa to 'explore funding'
he noted at Sydney mining presso that 7 of the top ten financiers were engaged . . People were 'in the data room' and 'term sheets were already drawn up and 'even some of the big guys that would not normally look at something this small were wanting to fund because of the critical minerals component. More options to debt fund that he could count!!!!
the only reason the board would include any sort of equity would be to chum up to their broker mates and screw over existing shareholders. Ron and cos dilution of such a raise is not an issue for them with the massive performance allocations they are giving themselves but for existing shareholders every share issued from here reduces our overall return . . And there should be zero reason to issue another share for capital purposes given the swathe of funding options available . .
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