I gotta look at it this way. Finskiy ran it up to a buck, to let his buddies get out. Now he lets it free-fall. A few bogus NR along the way, gotta satisfy the regulators.
I may change my tune if, they actually draw down some of that 150 million. Fluffy NR, We got 150 million, we plan to spend some here, more over there, yep that's right we're serious about this.
OH, no the price fell so bad, we can't take that money now, its terrible and we wanted to succeed so badly.
Only thing we can do now is roll into ……………….. Intergeo? Polyus? takeout co.?
Second verse, same as the first.
I will gladly eat my words, if they actually spend the money and do the work.
I suspect first that they won't take it.
Second, if they do take it we will see more CMM style " where did it go?"
Lead up to a take-out.
blizzy