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1,407 Posts.
249
10/02/18
23:28
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I don’t know Tony’ plans. But one option is to fund Oposura mine development thru new equity
New shares would prob need to be issued at a big discount to current value (particulrly given current market sentiment)
End result is a mine can be financed but current shareholders may see value of their shareholdings significantly eroded
Tony would be MD of a larger company. A producer rather just an explorer. This is what he has said he wants to achieve
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