HIO 0.00% 2.8¢ hawsons iron ltd

Thanks for pointing that out. imo - people do realise that...

  1. 747 Posts.
    lightbulb Created with Sketch. 1071
    Thanks for pointing that out.

    imo - people do realise that sometimes you’ve got to dilute to grow the company and proceed into mining?… That’s exactly what this end of speculative investing is all about. option one, no dilution and company goes nowhere, option two they dilute to bring on financing/offtake partner investment in the company. I would choose option two any day of the week. That’s how you get growth. They have adequate cash at the moment to get us where we need to be in 12 months time, however I do expect plenty of additional share to be issued before we get up and running. no investor should be concerned if this brings growth. There are plenty of examples where the issue of more shares has brought in Cornerstone investors/offtake partners that drive the company to its next level of growth. We are now past scraping the bottom of the barrel for financing to perform feasts imo.
    Last edited by sache: 14/10/21
 
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