Fair points and good to hear a contrarian perspective.
My understanding is he's a significant shareholder of Tinci (40%), founder and chairman. So I think it's fair to say he has some influence over the company. Connections and attention is what he brings too.
Discounts aren't great sure but I've only held one company that has raised at a small premium over the past year, most have raised at discount in the range of up to 10%.
To me it seems like there is a bit of concern about raising funds for 30% of WMP at the current MC, especially given the lack of interest in the market even with positive news. They want to find ways to give the SP a kick though the other exploration projects. All speculation.
CZI Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held