they are selling gold to fund the buyback (and paying tax on it, minus deductibles) or maybe balancing
buying and running costs with possible tax commitments.
I would have thought debt would be the most obvious way to fund development or deals
considering assets and incomings and that anything they are looking into is going to be funded
easily with advantages and cash flow positive quickly considering their past record.
any placement is dilutive and hasn't obvious benefits to small shareholders without me really
understanding why they need to go down this route.
TBR Price at posting:
$4.15 Sentiment: Hold Disclosure: Held
