Thanks for the info.
However, It's likely to be a very small one under those conditions.
I've thought about it. The bottom line is they are convinced they are going to do an excellent JV. That is the only reason they would be prepared to take that hit. In fact their own options will be at 40c.
All IMVHO.
BTW It wouldn't just be the MD the board would be on board for a cap. raising.
Thanks for the info. However, It's likely to be a very small one...
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