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The last financial package is seen as expensive

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Gatsby   Thursday, 04/05/18 09:03:59 AM
Re: spliffythecat post# 188
Post # of 195 
The last financial package is seen as expensive or dilutive for shareholders but on the other side it should secure the path to production with enough cash to explore further after that.
It also diminish the odds of a short term take over : a take over should, if any, come before the closing of the financing, closing expected any days now
So it is a mix sentiment and the drop could be due to event driven players who were expecting a takeover or disappointed players.
Adding at these levels....
But I lowered a little bit my return expectations


- Some of the less friendly observers have determined that we will abandon our principles and reveal ourselves as shallow cynical exploiters. We must disappoint them... quite simply put, we walk our talk -
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