Economics 101. You add $2.4million (80 million) of new shares to the sell side at 3c. Volume has been about $5,000 per day the last few months. If there are only $5,000 of buyers per day at 5c~, of course the share price will have to be discounted to attract $2.4 million of buyers.
If they don't get the $2.4 million they can't drill this good prospect.
Economics 101. You add $2.4million (80 million) of new shares to...
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