Dilution15 Apr 2019 10:48
If this company needs to spend, which it inevitably does, and it does not have cash to do it, or decides not to spend it, then however it pays for stuff, be it "drill for assets" or whatever you want to call it - it will result in dilution of the share price. You don't get anything for nothing!
The fundamental problem for Solo is that it does not and never has delivered. It does not even promise to deliver. The best is that conditions and hints and all sorts of other things can be construed in such a way that something being delivered is not seen as impossible every now and then and that might result in a bit of a spike. This is exactly the same now as two or maybe a lot more years ago and those talking the share up are giving exactly the same arguments now as they did then but dressed up as something new because of circumstantial and personnel changes - fundamentally though it is exactly the same stagnant and slow dropping in value situation. I am sure the message from the faithful here (desperate or devious) will come back as the normal "recovery is just around the corner".