re: Ann: Chalice Gold announces Private Share... Disappointing again. Only raised 9.6 million for working capital after wanting 15 million. Under the construction timeline the funding for the Project is still to be completed over the next six weeks and I expect this will be significantly more than what they have just raised. Does anyone have an idea about what percentage of the funding will be debt versus equity ?
Sorry, I looked further into their presentation and saw that the capital for the project will be injected through shareholder loans once the ENAMCO deal is done.
I wonder how much Tim is in for at 30 cents and whether he will be part of the shareholder loans. Do you think the rest of the shareholders will get a look in to make up the other 6 million previously talked about ????
Ann: Chalice Gold announces Private Share Placeme, page-4
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