Brian,
Re your comment on a “rather dilutive capital raise” - take a look at the PFS last summer - “The Project’s positive technical and economic fundamentals provide a platform for the Company to advance discussions with traditional debt and equity financiers and forward sales arrangements. Based on discussions with potential financiers to date, the Board is confident the Company will be able to finance the Project through a combination of debt and equity. In addition, the Company’s aim will be to avoid dilution to existing shareholders, to the greatest extent possible.”
So the aim is to avoid dilution!
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