I really only want to see the absolute minimum dilution....
Lets say all loan, no dilution, and add an extra $15 million on top... starting a massive drilling campaign now rather than later will only result in a mine opening sooner..... maybe once mine is in production then borrow more, prob lower interest costs.
Thats what they should do, whack it onto the credit card once the mine has starting production.... 2 or so years may be saved...
I dont think good results will do much to the SP anyway. Look at the reaction to "taking down the Higgins" (mwwhhaaaaaa).
ATV Price at posting:
3.1¢ Sentiment: LT Buy Disclosure: Held