And containing dilution, is at the head of good management.
But the added benefit of Quebec is that 38% rebate on exploration dollars spent.
When you combine CFTF at a premium, and the rebate, leverages the money raised per equity issued.
The height of our success will be derived from EPS> Earnings per share. Keeping a low number of shares on issue, derives a higher target SP as we mature as a developer / earner.
Ann: Renard Project Update, page-214
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