re- fully funded15 Jun 2018 18:37
I don't think for a minute that any raise is required currently or that any raise will happen , that is destitute's specialist subject.
We are in a very strong position at the moment ,ie. on the cusp of becoming a producer with good revenues coming in.
I was only responding to a comment about a raise, and perhaps ukog wasn't a good example, used them as its just happened there.
The point I was trying to make was that bearing in mind the position we are in ,and the fact that all planned work for this year is fully funded, that if the situation arose at some time in the future , being a producer and revenue earning , we would be hundreds of % up from the current price before they would need to raise.
And once we are producing there will be more attractive funding options to us without diluting current share holders.
I believe that news is not far away , there has been some very good buying this week and news is due on several fronts, MMs generally before we do , and they will often drop the sp , to scare weak holders into selling , in order to collect cheap shares, which is what I believe has been going on.
Not long to wait now , and hopefully patience will pay off when we see multiples of current sp and MCap, GL.