Ok, so if I'm trying to understand the Argonaut March analysis
- Fund raising is pretty sorted out by now (Oct 2022), so that's not an issue anymore - unless the production is delayed and more funds are required.
- "Our concerns remain on the mineralisation continuity" - is that a fancy way of saying "We doubt there is gold at the end of the rainbow"?
- "Support from due-diligence completed by a debt provider would have helped to ease this concern but now that equity has been used in lieu of debt we won’t be gaining comfort here." - basically implying that TIE avoids debt so no due diligence can be conducted on their claims... huh. Pretty much saying "We think this is a scam".
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