BMR Mining Forum

Pel warrants are dilution as are directors share incentives etc. I dont think there will be a placing but could be % of the company taken by the chinese??

Bugle, surely he has no choice now? It's bizarre that the ZEMA process has come as a surprise to him and his team, so perhaps he anticipated not having to drop this bombshell before approval. Maybe he will feel that he can 'deliberately mislead PIs' further, as suggested by Ritter and Razor?

Pel, the existence of the Flat Earth Society proves that everyone is entitled to an opinion...even your cheerleading captain says that dilution will happen!

everyone is entitiled to an opinion, In my universe I wouldnt be spending every working hour of my day on a board I am not invested in.

Schad, If he gives us an outline and state of play when the interims are published then its not going to be very pretty

Oh my word...you must be existing in the same parallel universe as Ritter and Valencia!!!!

imo no, There are many different options then dilution

Pel, do you honestly believe that dilution will not happen?

dilution is not the only option

ausimm.com.au/content/docs/branch/sydney_2012_09_KRpresentation.pdf