time will tell.
someone picked up the 40m Mac shares at 41c only a few weeks ago and that's saying something. Sitting on a 10% loss atm.
I guess management would contribute in a CR situation if they saw dilution as a problem, I doubt it somehow. They have plenty of cheap options so not an issue.
WAF will need plenty of cash to get this project over the line even to the next stage after the DFS so it would be prudent to take anything they can get. Cash supply can switch off in the blink of an eye and I'm pretty sure the MD is well aware of that especially with Big Brother (read MacBk) now out of the picture.
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