Yeah, with bfs due out in june I would assume they would want this capital raising well out of the way by then. I'm still holding out hope it will be a single player who takes out the stake. I can't see them going back to canada having taped the market already at serious premium to current prices. As grizzly states, at their current rate of cash burn it can only be in the coming weeks at most that we find out. Like tibbsy i too have a small fortune riding on this.
Interesting couple of weeks to come. Anyone know how the spot price did over the weekend?
dawn of new u bull, page-11
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$1.97 |
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Mkt cap ! $350.0M | |||
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