what interesting ...that was his response to a question asking if the offering was going to be succesful... seems like a odd response to that question.
IMO, if this Offering goes well, PN will continue to give us share holders first crack at the next series of fund raising. His comment of concern about share holders delution confirms his pro minority shareholder priority. If all goes well with exploration results, SEO is going to want more. I never for get I riding his shirt tail.