Hi everyone,
Yes the results are as expected. We don't expect too many surprises from any of the holes and they all add tonnes to the resource.
As to the dilution issue Satori, dilution will be a result of HOW we get future funding and at what cost (be it debt,equity, end-uer finance etc...). I can't tell you how many shares will be on issue when we go into production because that depends on many factors.
One thing I can say is that I don't expect we will have a billion shares on issue!
One of the best things about having a MD with a lot of skin in the game is that I don't want to be diluted either. The fact that my family owns around 10% of Pluton, on a fully diluted basis, should give you confidence that funding will be acheived with as little dilution as possible.
Regarding dilution, as I am a shareholder what is good for me is good for you!
Cheers, Tony.
- Forums
- ASX - By Stock
- plv and the small miners campaign
Hi everyone,Yes the results are as expected. We don't expect too...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)