They could of raised another 3M with this deal but cut this down to what they believe would be sufficient to be safe until guaranteed cashflow positive. The little dilution here will get us over the production delays and reduce the risk of us getting in trouble by running out of money. Now it is time to ramp up production and shut down the critics. If the TPD can improve and the grade get back to what we expect, we will enjoy a very nice ride up.
Cheers,
Glorieux