Yes. Note how he also encourage MFN to raise money a little while ago when the story was that they didn't need any funding.

I think the share price of any company that looks like it might need to raise funds will go nowhere. There is some logic to getting the financing "out of the way" and taking that uncertainty away. The dilution is a shame but ultimately it will bring us close to owning a share of producing gold mine which is when we will reap the rewards of out patience.

We can go forward well financed, with a continuing exploration programme adding ounces and the funds to press on to a PFS and then a FS. Once we have that in place, then we are a safe bet for bank financing for a mine.