If our morose friend had his way we would have had to raise $200-300M once we had first found our underground pay dirt and diluted the fajesus out of our company. We would have needed the same infrastructure upgrade for the UG geology. Would we have even been able to raise such amounts at 30-50c SP? I doubt it.
I would not be surprised at all if a deal has been conjured behind closed doors that SL is content with and this is his softening language to lower retail expectations. I cannot help but think that such material news passes SLs lips lightly. I mean why say anything at all?
SPR Price at posting:
$1.31 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)