RE: Reminiscing5 Dec 2024 20:36
i'm not against the dilution. it's what aim is for - building companies.
i invested in ufo knowing their commodities and that it needed money to get them over the line.
it's been four to five years. the last two to three years they had the heritage and mining licences i invested in for - dso han****.
so a year of dilution to get there (when i joined). maybe another year to sort the infrastructure maybe 2? fair enough. it's been th2 years of absolutely nothing? i'm rounding up to the nearest year so forgive me - depressing to recall.
does anyone here know why we are not mining han**** on our own in lieu of a jv - hell, us lth's would have paid for it in the short term for the longer term profit?
the 10's of thousands i'm down and i'm sure there are others, we should have funded the dso of han**** 3 years ago when we had the money? as soon as the heritage license was approved. how many fund raisers from ii's since then that have produced nothing except dilution and sp destruction?
i'm not an expert by any means so feel free to correct any of the above.
beer o'clock!
gla