...because access to funds has not been easy for explorers the past 3 years, or even 18 months in particular. I think we've done well to only raise once, and it wasnt a large raise.
If they did more dilution they couldve done more work, but management probably thought it wasnt proportional. Just my thoughts.
If we get the chance to participate at anything under 20M mc its probably a good opportunity IMO. Obv its all about the project - which is developing - and where the next injection will get us. If we get mine feasibly and MRE locked away - thats pretty good.
All hypothetical at this point.
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