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BobSinCA

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BobSinCA

Re: zequalsz post# 20962

Friday, 11/11/2011 10:53:36 PM

Friday, November 11, 2011 10:53:36 PM

Post# of 42999
Fully agree that dilution was always going to be required for drilling, although the current dilution is an order of magnitude more than the Smart Win transaction in terms of pre-money valuation.

It is last year's dilution by Malcolm Bendall that really bothers me.
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