IF there is a capital raising, management would be better suited waiting until the price is higher than 2c.
If they secure financing, i.e $75M, the SP will rocket. This will derisk MZI dramatically. Here are some numbers based:
Cap Raising at 2c = 800,000,000 shares added to register.
Cap Raising at 2.5c = 640,000,000 shares added to register.
Cap Raising at 3c = 533,333,333 shares added to register.
I think management will definitely be avoiding this scenario. Further dilution is not going to be good for anyone, especially your every day shareholder.
$75m will be more than enough to get Keysbrook off the ground.
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