A capital raising at a discount isn't the only option, could just as easily be debt funded.
That said...so even if it were a placement for say another $3m or $4m, market cap would still only be $14m and the project is worth a coupla hundred mill.
Your 'bags' won't be effected much either way.
Ann: Updated PFS Confirms Strong Economics of Sorby Hills, page-38
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
