Kenny, Those that believe in the asset are buying today.It is sheet financing, but what choices did the company have , when obviously there was some issues with the FT funding-- that is why I believe there has been some directorship changes.
This has to be between a $200m to $500m asset which we now have 60% of.
And all the fees whether they are $1m or $2m ,we have now secured the asset and those numbers will fall into insignificance in relation to the size of this deal.
They are a screaming buy at these prices and I am putting my money where my mouth is.
Don't leave this boat toooooo early
Time will tell
Cheers
VEC Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held