"...The funds will backstop our cash flow from the G-9 operations..."

That part gives me pause! Raising money to explore is a very good thing, especially if China leaves the dollar.

Share count was 426 million in June, so another 24 million shares is about 5.6% dilution plus 15% overallotment. So that's about 6.44% dilution.

I am mostly concerned about the backstop admission. I expected better. Perhaps a new round of dicovery will justify speculation.