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Yes, without doubting Ivanovich's good faith in any way, I...

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  1. 4,080 Posts.
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    Yes, without doubting Ivanovich's good faith in any way, I wonder if some broker isn't jumping the gun somewhat and counting his cluckers in making such an offer.

    We'll know soon enough.

    With Sticks, I guess we'd all be disappointed to see recent suspected market manipulation rewarded by such an astonishingly lamentable raising price.

    The lack of a kick in share price from the fact of achieving $35m in debt funding under such unusually favourable terms - and from Sprott! - is certainly eyebrow raising in itself.

    Let alone the mute, inglorious reaction to even more strong results.

    Just too many odd closings below the daily VWAPs. Confounded however, I believe, by the final exit of MHM thrown into the mix.


    Anyway, the pragmatist in me will be happy simply to see a line ruled through all this, and a nice clean start to 2018.

    I always hoped to be going into production with debt funding and a handily modest capital structure - and at around 250m shares on issue, with plenty of cash on hand for drilling and/or contingencies ...well, that suits me just fine.

    Let's see what tomorrow brings.
 
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