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Re: The great post# 18473

Friday, 06/17/2011 12:46:34 AM

Friday, June 17, 2011 12:46:34 AM

Post# of 67010
TG,
Just keep an eye on the A/S. If it remains relatively constant, I'll be happy. As long as the Outstanding Shares don't jump too fast, I think we will do ok. It will increase somewhat, to pay management salaries,(that is what the last L8 was about) and after mill approval, some cash will be needed to pay for equipment to finalize the repairs, and start up expenses(fuel, etc).
I don't think shares going to management is too bad of a thing since they have a vested interest in getting the mill open. At the same time, mill approval should raise the PPS, making the necessary number of shares to be added to the float, lower since they are worth more.
I don't think the A/S will be increased at all.
But, that's only my opinion, and I certainly am not infallible!

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