share price still 2 high above large stackings, page-7

Hinneh, these directors are smart and will try to avoid debt funding, dilution at all cost. This is the main reason for a staged approach to bringing the mine back into production. You don't have to have the entire $50M at one go. Start with the tailing, bulk and then hard-rock - off-takers usually will give money up front, so you will see IMO a good % funded this way if you look at the cost laid out in the last preso. Even if we doubled the share registry at some point I don't think it would hurt the SP much once production starts and it wouldn't be in one hit either.