Re: Non dilutive financing
in response to
by
posted on
Dec 05, 2012 01:47PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Valid point Edgy, but it is not that anyone was valuing that 25% of Windfall in our sp, it's a periphral asset and market conditions force creative and difficult decisions. Also, glad to get that old shame off the books and out of shareholder lore, time to move forwared with focus and determination and build a mine. Given Eagles Nest and Chrome, that asset or 15+% dilution for 10M, the former most days. Cheers