RE: This and my other investments25 Apr 2025 20:53
If you invest in an early stage exploration company expecting raises at premiums then you’re in for an upset. Yes, further down the line they’ll be at market value or hopefully a premium, all going well that is. The last raise on AIM had zero warrants, the first on TSXV and most recent raise we’ve seen here had half a warrant, that’ll be the board getting there feet under the table over there.
Dilution is a factual. Look at GGP, 13.1b shares in issue. Met1, 2.7b shares in issue. If you invested some at 2p & 4p then you can’t complain, you’ve seen several bags and the fundamentals are only getting stronger. Once you involved in a producer you’ll rarely see 2,5 bag gains. In exploration you can see 10 baggers in a year, as we’ve seen here from 2p-15p in just a few months. There’s headroom here from the market cap for 5 bags plus in my opinion .