You obviously own the company, so in your research you would be aware they had to issue shares as part of the DOCA.
That was not under the current managements watch, they are just cleaning the house that JB built and then burned down selling pounds into spot.
I purchased this company at an average of $150 million market, so I have no complaints about how the management has turned this company around in getting LHM back into production and I have no doubt they are thinking about the next growth catalyst or project when the money starts rolling.
Will we be producing 12 million + pounds this cycle, most likely a lower SOI will allow us to achieve that growth with more balance sheet flexibility.
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