Prospect Global Resources Inc fka PGRX

[Sryinex]

There are currently 115m o/s but there are warrants out at 0.12 per share for another ~126M to have a maximum dilution of 241M shares when they are all exercised. I would expect them to be exercised once we have a bottom above 0.12.

I have been contemplating the confidentiality treatments as well, not sure what they could be. I hope you are right with your assessment however.

I really don't think we will see $1.00 share price until some non-dilutive funding is secured. Judging from how this stock has acted particularly in the recent history, I would have to guess that even a solid PFS PR by itself, might not let the stock even hit 0.20 I hope I'm wrong, but there are some serious people keeping this stock low. Even the debt amendment news from last week(which to me was fantastic news) didn't do much of anything to the share price. I think the public is waiting for news of substance to let this bad boy ride.

One thing your assessment doesn't mention is where exactly do you think they will get the 1B$ necessary funding to actually build the mine? Surely not from shareholders.

I think it will come, just how fast and from which direction is the question.