"An extra 90Million shares ? Has that just diluted existing shareholders value by 60 plus percent?"
From memory this puts about 700 million shares on issue. Dillution of 60% - not when I went to school!!!
How do you think they were going to pay for the drilling and define a resource ?? Raising the cash in the current climate is only good news.
"An extra 90Million shares ? Has that just diluted existing...
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