FMJ fortis mining limited
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good point - but, i guess the offering is not necessarily...

  1. bigbear
    12 Posts.
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    22/11/11
    21:36
    Post #: 9324859
    good point - but, i guess the offering is not necessarily targeted at existing shareholders. Given the size of the offering it seems odd (IMO) that they have not either lined-up equity funding in advance of issuing the prospectus or, at the very least engaged a bank / broker to roadshow the company and help source funding.

    as an aside, any idea what are the outstanding CP's they refer to in their announcement?
    FMJ Price at posting: $1.00 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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