Replies to post #6610 on Applied Minerals Inc (AMNL)

[grandslam68]

I don’t get it. When announcing the iron oxide sale, they said that the sale will "help it avoid highly dilutive financings in the future". I guess that the fact that the deal hasn’t closed yet means they need to keep on issuing to keep the lights on. And of course as part of the deal, there is going to be another 20M shares (restricted) going to the buyer.