RE: RNS - Webinar11 Nov 2022 10:50
There will be dilution but its all about the timing and price.
Naheed has already stated that funding for GH is readily available, I would imagine this will be via a connection with the Sheikh.
This would be fantastic as they would not sell or short the company.
If she goes elsewhere and gives a 30% discount then Naheed has failed.
If there is a raise for JV gold then Naheed has to show it is ORCP that own the resource and any JV will be on our terms, otherwise wait for Thar VI and GH and fund it ourselves.
The real money is in GH and Thar IMO. We are under CPEC so there are billions available.
Naheed lets think about a raise at a premium , it is rare but does happen our company has the potential to be transformational for ****stan and its current investors. The majority of hard work and suffering has been done do not place at a ridiculous low price.
GLA