Loading ...I’ve looked briefly at the report. From my basic understanding of it, it’s a feasibility study to get Shafter up and running again. They’re detailing the estimates of what the costs would be to get Shafter running again. Looks like they’re saying $7.7 million. Who knows how they would raise the funds; another secondary offering? Further dilution? In the long run; potentially a good thing. In the short run; perhaps the stock gets hit?
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