Avagado is pretty on the ball inregards to why i think management went ahead with that decision. Plus we have alot of peg to work with now over 7kms/500m width & still remaining open?!?!?! BEAST!
Plus we're wanting to get into production asap to start doing deals, That site was going to cost us $280k USD
before shares in the company were given away.
As the shareprice has dropped beyond Jason's thoughts at 5c range to give those bastards $750,000 shares at 5c range is like
15-18M Shares depending on exchange rates.
If you guys weren't constantly crying this & that maybe our SP would've dropped less and the SP dilution cost for the tenement would've been alot less.
But it is what it is, Jason & James know what they're doing imo... The more companies in the area the better it is for the area in general, taking on 100% ownership of that tenement at this stage if the other Kitolo project went through would not be cheap.
Let's just wait for our Kanuka & Kitolo Site results
I hope they're good!!!! But even going off PSC Announcement the whole area is a monster... It's just do we want to majorly dilute or become a more tightly held co...