Quote “ "Dilution is the Solution". Interestin
Post# of 2057
Interesting solution, People still become toxic from drinking it. It Just takes drinking the diluted solution a few years longer for the toxins to build up in the body. The end result will usually be the same.
Being able to issue 5 billion shares gives Mexus a similar cushion.
If the reported LOI turns out to be a dud, and the reported concentrates shipments turn out to be much less than expected, Mexus can still continue with their monthly loans for at least another few years, if they stay out of the trips. On the other hand, if they can increase production enough to entice a buyout offer, then in my opinion, a sale of Santa Elena would be best for all shareholders and PT who isn’t getting any younger, can retire.