Re: Must be a dilutive financing in the works...
in response to
by
posted on
Oct 18, 2018 11:56AM
Wow! Talk about much ago about nothing...my point was (and my information may be wrong), that we still owe 5MM on the Triple Eye loan. With the collateral on this loan, similar to what Ken Dart had on the now paid for Dec 2017 loan, it would be nice to get rid of the collateral provision. We are now in a very salubrious situation with the perceived end game in sight in a favorable manner...Another PP, with my information, tells me we need money thru Q1, when we are told the analysis will be disclosed...not a big deal to have another 5-10MM available, whether it’s dilutive or not to have money for the long delayed projects and pay off the Triple Eye. If this thing works the share price will spike big time and a PP, if needed, even at a low price would not be an issue.
A topic worth discussing (and my disclaimer was all IMHO San Fran)...not a big deal but i don’t expect any of this 6,7,8 dollar per share before Christmas (Canadian) without any great news.
Again, IMHO, go RVX go......everyone happy?