it can be Teck, once construction starts the share price will be higher, they might not raise this money for 18-20 months at which point the share price could be 30p?
It's not a narrow minded statement, people who have done their research are willing to risk more money, but they don't see it as a risk because they have done their research. I can't afford to lose 2m shares but I see this as an opportunity of a lifetime.
It does matter, because if you've got 100,000 shares it's not the end of the world if you lose it all. If you've got 2m shares then that's different. So you have less than 100,000 shares by the sound of it.
Ever body knows they are years behind, they said financing would take 3 months in one presentation it's been about 3 years so far. They even said production would start in 2019 previously. The fact the banks have agreed to $346m says it's going to happen.