I would encourage shareholders here to follow the money.
Look at the actions of the underwriters.
They have guaranteed CAD 50 cents on 70 million shares.
That means they can sell 70 million shares. They wouldn't venture into this if they couldn't sell that volume. So demand exists. Potential investors would have been canvassed. Underwriters don't make mistakes. That's their business. Why would they do this. Simple really, they have no risk. Why do they have no risk? Because as advisors they have the inside track and can sell the placement.
Look at timing, end of June on the PP, one week after AGM, one month prior end date for CCRC/KRY documents.
I'm working on the assumption that permit is in place by end of July.
99 % of trades today on Toronto - were bids taking out the ask, all so slowly, but with determination and in 10,000 + lots, none of this 100 board lot stuff. Those in the know are picking up everything they can before PP.
$ 2.00 min after permit.
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