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clock Created with Sketch. 20/04/17
22:46
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Originally posted by Lazarus65
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I agree with the point posed in your devils advocacy! But isn't it equally wise for a MD and a BoD to both properly prosecute the use of funds and also keep the potential source of funds as engaged as possible. I certainly wouldn't want to invest in a business opportunity to subsequently find that the proponents have neglected to keep the capital markets adequately engaged and hence now can only source needed funds for ongoing exploration at massively higher dilution. Just as much as I wouldn't want to invest in a venture promoted by a snake-oil salesman.
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No offence intended, and I'd say we are essentially in agreement that things are progressing in the right direction. I'm sure management want nothing more than to make the right moves to ensure shareholders get the right result. It might just take abwhile as the small, important steps are taken on that path. Progress is being made I'd say.
(20min delay)
