Hi Oz
my understanding is that whatever our market cap. and NPV was prior to the deal with SD gave us a market cap around $139 million (roughly) and with nothing in the bank.
We now have the same NPV and usable finance to the value of $225 million (roughly), so basically we had a capital raising of $225 million for 4 billion+ shares and we have that capital to use.
Surely this is a better proposition than what we had.
If I am missing something please let me know as I know nothing.
I still believe Sushi1 has a wrong take on FML's situation and I am not sure as yet what your take is.
As a great"philosopher" (PH) once said: "please explain".
Thanks Jahar
PS I have an order in at 3.1c and hope ite gets filled.
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Price($) | Vol. | No. |
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