The major equity raising is supposed to be a debt reducing measure...
Note the mine is already producing and cash generating. There is such thing call debt " refinance " or "reschedule " as we all know.
Quite certain there will be win win situation as the Japanese will want their money back.
I believe by now David will have the sum worked out ( being a finance man by training )
Happy Investing.
The major equity raising is supposed to be a debt reducing...
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