Agree.... And seeing warrents expiring wortless. Any pp at these levels will fail. It will drop SP to unacceptable levels with many longs giving up and will raise insufficient capital for the company. I assume management knows that much higher SP is needed for an adequate capital raise with a new PP.
Putz, could it be investors, who understand the mining development dynamics and who deem the current share price a bargain ? Maybe perfect moment to pull out an even better deal than the previous one.