While I agree with most of that, I don't think they should sell it or do nothing. It will be producing one day, I do trust management in that regard, what worries me is how many times does the company get diluted on the way to production?
This IPO was sold as our saving grace, if they can't get it done at a premium to the US investors, then raise in AUS and give them the bird. An explorer needs to raise capital, such is life. I think this amount would be very, very close to our last raise before construction financing etc.
The Chilean explorer is primed for re-entry chart wise, so sentiment in the sector is turning IMO.
While I agree with most of that, I don't think they should sell...
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