RE: Hardrock question6 Jun 2023 03:32
Newt,
Thanks for the response. I imagine you may be right about the beetaloo being important but I'm not sure that Falcon or Tam will be around to see it. And if they are, I hope it's not in a hyper diluted state. The more time that goes past, the more and more opposition there will be, as well as better alternatives. If under the 5mm number but above 3mm, we may hold onto our share price without too much erosion. Under 3mm and I think we are in the sub $.05 area. Will Tam be able to raise enough money to carry the remaining Falcon well without giving away the store? Even if it does I think we would be looking at a year or more before there would be any news capable of moving this stock upwards. Let's hope the naysayers are wrong on this well and we come in with great numbers. It seems we are basing most of the negativity on satellite pics that most of us can barely make out?