Share
90 Posts.
lightbulb Created with Sketch. 13
clock Created with Sketch. 09/02/23
18:31
Share
Originally posted by Martyac:
↑
Time " for start up mines = cash burn , cash burn = credit raises , credit raises = share dilution , share dilution = lower share price . Eventually share dilution will require a share consolidation (see MGT). Then if funding is still not found the whole process is repeated....
Expand
next 3-4 months will give us the answers we need. I’ll make my call by mid year. If we don’t find what we need in the new drilling/etc and that information can’t be used to attract an investor then it’s prob time to call it in HIO. Otherwise you’re right, it’ll be rinse and repeat for some time.
(20min delay)