Is this in addition to the flow through deal? The way the full press release reads, it looks like they are doing the flow through deal and also a straight additional sale of 7.5 mio shares with warrants at $1.50 to AEM. anyone have any thoughts?
I think I like it. A strategic investment by a major of 10% undilluted, 16% fully dilluted means that our outstanding share base will be reduced dramatically. We are cashed up for a long time to go and backed by a major. I also have to believe that there will be some high grade holes coming.