jantimot, nice to hear from non holders.Having $2 million left...

jantimot, nice to hear from non holders.

Having $2 million left on 1st October (after spending heavily on development of $23 million)doesn't equates to financial collapse or a need for being 'alert'. That's my point. If their spending are, for example, $100 million, and they have cash in bank at $26 million, then that's a worry. In our case, its not.

After spending that much on development (90% materials/equipment ordered) and we are close to production (constructing mine and facilities), how much more do you need to finance it? Do you think institutional investors or major shareholder will be throwing all their money that they have invested away for nothing, even though we are so close to production ? A dilution to 50 cents is seriously absurd. not saying its not possible, i'm still looking for reasons for it to go to 50 cents, and i couldn't find any.

Give me your opinion too. I want to hear your opinion, not just facts, since we all perceive facts differently :)