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15 million less
posted on
Dec 19, 2008 09:14AM
I for one am happy wellington did not fill the extra $2 million option and only filled the first $4 million. It means a potential of 15 million shares less in dilution. 30 mil instead of 45 mil. if we need $$$ down the line hopefully it is done at MUCH higher share prices and goes a lot further.
This PP along with already held cash , according to management, should last us 12-18 months under current plans which is a great goal to shoot for.
