RE: Gradual decline in SP. Time to Buy?2 Sep 2019 11:30
I agree that the shares are very undervalued,but problem is that new money will need to be raised quite soon and any new share issue is bound to be well below current SP. Co. said some time ago that remaining funds were 2.2 mill. which does not go far when you are having to pay those companies now assessing the viability of the project. This is exactly what Hayden talked about when he mentioned the dreaded word "dilution".