i don't completely agree or disagree. This company has a history of pulling thing out of the bag of tricks to raise non dilutive capital. E.g. it has been stated that there are profitable Oz at the mill site already which could be processed with minimal capital expense.
I feel there might be a path that can be navigated where dilution is not zero, but also not ridiculous, meaning we get owned by the bank.
i was also not referring to dilution related to any additional funding for tunkillia plant. Just to get to stage 1 operation where the company has stated it would cost on the order of approx 10m to get there. I can't see 20% dilution for getting $10m together for stage 1 restart
i don't completely agree or disagree. This company has a history...
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25.3¢ |
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