Ann: Minerals Income Investment Fund of Ghana Invests US$32.9m, page-20

Funny that A11 almost has No open shorts at all!! Unfortunately the big drop since this report was issued was all self inflicted by retail getting scared and giving away their shares for a 50% discount.

Back to the topic of funding, Please correct me if I’m wrong here but I don’t recall ever getting diluted with a CR since the discovery. For a company to go from discovery to production without a dilutive CR is a testament to how they played their cards perfectly. My other holdings seem to have an addiction to the 15/20% CR game and shareholders have been diluted to oblivion on most of those plays.