I am greatly concerned with the company still sitting on say about 30 million unissued shares from the last capital raising...will they sell these shares off at the first available opportunity even if they are offered at say 8c each by some sophisticated investors ( AGP or others )in due course......THEN...Why not offer existing shareholders another opportunity now to take up additional shares at say 11c each given some of the current positive long term reports that have been released lately even though the Eagle report was paid for. Even if the company were to sell to current shareholders say approximately 10 million of the unissued shares @ say 11c = $1.1 million.... which can then be added to previously raised funds to further develop the projects. Make good sense to me and gets rid of some of the unlisted shares!!!
IMO.....The Company has to get rid of those unissued shares to bring some stablility and certainty to the Co share price.
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