1. Because they're a junior exploration company.
2. Maybe. Maybe not. We'll see.
3. Yes, we can all do maths. What's the alternative, exactly?
4. See every other junior exploration company that hasn't found its mother lode yet, and has had to keep raising capital in pursuit of it.
5. If you believe the story, you buy in. If not, you don't. Management are buying in. That tells you something.
