Well, this was not the news I was expecting but I will take it.. Cash injection will take away month-end deadline and hopefully we hear construction starts with alternate financing in March whether/if IMC is aborad or not.. This certainly tells us the dynamics of the deal and previous numbers will change quite a bit..
I think today's share price gain is also due to Goodman joining the board.. I am happier about that then actual fund raising aspect of this.. That certainly gives the company a lot more credibility with investors in Canada.. Not every day, you can entice some one with his background to join so if any one was thikning of WOF as a leaky boat should now be reassured..
Let's hope the financing closes quickly and is not dragged out..