Interesting
posted on
Jan 24, 2014 08:41PM
Still needs shareholder approval and funding. Not likely to give any boost to the share price until it closes and they have a full quarter of production under their belt. If this stretches into September, 50 million warrants will expire. Less dilution at $0.125.
If they pull this off, there will be revenue, although there are expenses which will consume most of it. I don't expect much in calendar year 2014 but 2015 could prove interesting. It would build from there.
All depends upon the POG and POS in 2015.