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DanDen

46 Posts.

17/08/18

13:08

Post #: 34995575
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Originally posted by arsenic ↑

If we are to finance the WMP into production post the BFS we need to come up with 30% of the funds for the project. If our SP is low and our market cap is say $35 M we need to raise enough equity for our share (40% of the amount borrowed, for our 30% of say 800M) to be say $96M. To do that we need some deep pockets Tinci will be one of them. Alternatively we need Tinci's business associates (guanxi) to ward off a low ball T/O by OZ Min. That's the strategy IMHO.

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Awesome - thanks for the response Arsenic! You're much better versed in all of this than I.

CZI Price at posting: 6.7¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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