RE: condor11 Nov 2022 16:47
Seingred..just suppose the company go down the sale route, this placing you keep mentioning won't be needed , so no dilution...
If the major shareholders feel they don't want the project to advance as far as a build a sale it is.
We have now got JM as chairman he to my knowledge hasn't a mine building past but more of a financial investor along with MC who has a financial background.
Wouldn't we have brought in someone with mine building experience at board level?. Just my personal thoughts..but a fully permitted resource which is construction ready has got to be recieving a decent bit of interest.
I genuinely believe MC or JM don't want any more dilution as much as any of us holders specially JM who holds 18%.
I could be way off the mark but I think it could be a mistake thinking less of the company due to dilution which may not happen. IMO GLA.