That's good to know and an important distinction that I missed - but still doesn't change the fact that they're not avoiding dillution when that's the reason they gave for bringing the drills back (and would have likely been worthwhile dillution).

EE's earlier warrants got extended and we didn't take the full PP at a higher price prior ($1.15 with $1.25 warrants). If they don't want dillution they shouldn't get extended options - especially when they're extended for over a year because they obviously haven't hit their goals.

Assuming we're still here (and not bought out or have a sale of assets), unless I see some drastic changes I'd be voting against them.