MOY 0.00% 5.1¢ millennium minerals limited

Ann: Expansion Study Confirms Mine Life Extension Strategy, page-12

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  1. 223 Posts.
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    Golddigit, I hear what you and Flaming say, but my thoughts are:
    - Funding form cashflow looks hard as you say - and potentially leaves us adrift if an unexpected problem crops up and there is no gas in the tank.
    - Who wants to be in hock to banks. Been there, done that. Debt is the riskiest gamble of all.
    - Dilution of IMC Resource fund holding – no dilution for them if they take up their rights.
    - And if IMC have no money, get worried as we are in for one of the other unpalatable options.
    - Until there is a clear plan for funding the new plant configuration, the SP will languish.
 
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