Hi Digity
Dilution is inevitable if Hyundai is to become a cornerstone investor. The positives of the cashflow injection that will arise from an issue of shares to Hyundai and the ties to all of these wonderful, large Korean companies easily outweighs any effect of dilution. You could always write to PB and request a SPP as all exploration companies just love to spend cash on drilling but I suspect they have their hands full with Mt Peake at the moment.
chrs W2
Walking with giants, page-30
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