BSX 3.85% 5.4¢ blackstone minerals limited

I don't understand the fixation on avoiding dilution, its...

  1. l
    447 Posts.
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    I don't understand the fixation on avoiding dilution, its reasonable to expect a level of dilution as capital is raised to develop mines, build factories to get the revenue (2bn or 3bn NPV or double it if they double the size).

    It creates a level of uncertainty but I cant see any third party providing 100% of finance without an equity contribution, - be nice if they did.
 
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