the higher the debt to equity raised for capex the better imo. they should have faith in the projected cash flows and raise as much debt possible. perhaps $120m in shares @ $1.20 and the rest in debt. dont forget a high grade brine sop project will be very attractive to global manheim producers looking for substitution so the sp will attract some sort of premium in the sp for this imo.
Rwd, page-3
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
