Normal
Yes, I hope they use a little grease. Like some cheap shares and options for current holders, but I think they'll be leaning towards Canadian 'sophisticates' to gain more interest in the mythical TSX listing. It's obviously a very difficult task to list on the TSX. Geesh.I too thought there'd be minimal further capital raised for development and thought half equity and capital. But not another raising. That's what the last one was for right? To pave the way for financing for development. Out of left field, maybe they're going to put some funds together to take over another explorer? Focus really should be getting Ayanfuri into production to start making money while POGs going ok.Lets hope this raising is not too dilutionary. Since the stock has run quite hard recently, I doubt it will be close to the current price. Fingers crossed.
Yes, I hope they use a little grease. Like some cheap shares and options for current holders, but I think they'll be leaning towards Canadian 'sophisticates' to gain more interest in the mythical TSX listing. It's obviously a very difficult task to list on the TSX. Geesh.
I too thought there'd be minimal further capital raised for development and thought half equity and capital. But not another raising. That's what the last one was for right? To pave the way for financing for development. Out of left field, maybe they're going to put some funds together to take over another explorer? Focus really should be getting Ayanfuri into production to start making money while POGs going ok.
Lets hope this raising is not too dilutionary. Since the stock has run quite hard recently, I doubt it will be close to the current price. Fingers crossed.
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