Your post heraclitus is nonsense and if you read there announcement it is there in black and white .First off the china real estate market slowing and nearology has nothing to do with this.This company has the government contract and they dont have to on sell anything as the government is paying them to develop the housing project.So im sure the government like any other buyer of a new home would then pay for the bulidings in a draw down which hence wouldnt require much working capital. The working capital could be a loan of which no shares need to be issued, so your assumption of dillution will come out in the wash when further announcements are made .Comparing this to a start up mine cost is a joke .Maybe just post on mining companies that you can make sense from. When the market understands the reality of this project of 600mill$ we should see a substantial rerate on the market cap. Im in and cant wait for more announcements to make us move forward
SOI Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held