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Gold/Mining/Energy : Zentek Ltd - ZEN
ZEN.V 1.0000.0%Dec 24 9:30 AM EST
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Candu
Del Bocavista
Mister D
Steakhouse
To: Del Bocavista who wrote (18611)4/25/2024 9:15:36 AM
From: morrison4 Recommendations   of 22788
 
That is a good take, Del, and you could be right. There are so many possibilities here. At the small end, it's a risk management move (a core competency of someone we know) to make sure we can keep the lights on while we await approvals and contracts. The company could issue small amounts of shares intermittently as needed for current cash needs. At a larger scale, as you suggest, it's a way to bring onboard a partner/investor. Or, the shares could just sit on the shelf.
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