Dilution sucks and I think we are slightly over diluted due to some poor management in the initial stages of the company and let's face it long term holders are feeling the pain for their patience for no reward. It seems a lot of people in this thread are getting carried away with short term dilution effects. When we are in production and generating cashflow we have the ability to restructure capital, a lot of risk has now been taken out of the project now and we are no longer "an explorer", we will be in production, perhaps the share price targets and forecasts need to be revised in light of additional dilution but If you take a long term view I think we will all be happy with our ROI. Funny warren buffet posted recently about the new "long term" long term - spoiler - it's not 12 months, if you are trader or looking for a quick buck perhaps look at short term technicals then focus on that. If you are a fundamental long term value investor bide your time. All of this is of course imo and dyor.
BAT Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
