Then they will have to raise more money to pay for the hedge which of course then limits their upside if the gold price did go up. The more debt the longer the payback the more hurdles and cuffs the banks will put on them. The project is 3rd rate and any funding terms will be onerous. Having to raise at least 3x their current mc is not going to be easy. Can anyone here name a company that has done exactly that to fund a project similar to this? The market capitalisation and thus the share price reflects that.
Ann: Karlawinda Optimisation Study Delivers Increase to NPV, page-34
-
- There are more pages in this discussion • 174 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.41 |
Change
-0.080(1.23%) |
Mkt cap ! $2.397B | |||
| Open | High | Low | Value | Volume |
| $6.59 | $6.60 | $6.35 | $5.091M | 793.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2857 | $6.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.41 | 1389 | 1 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| CMM (ASX) Chart |
