Problem is both institutions and retail will dump if given a 20% discount.
Retail even more so given that they are more likely to have to raise unplanned capital, and have to unload the shares to pay back the capital.
We are better off accepting capital raising as necessary despite the short term SP effects.
Institution raising was the correct call.
20 million in the kitty right now spent on finding new discoveries that will ultimately net shareholders much more return In the long-term.
We won't be talking about this issue in the months ahead. We will be talking about quantifying how much copper we have in the ground and the economic feasibility of mining it.
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