Yes that is true. The other super important thing is there won't need to be many shares issued at all to get to production as the cash on hand and the loan will fund almost the entire mine and plant. This is really unusual and very attractive as an investor where normally the early investors get diluted massively to fund the mine.
Ann: Quarterly Reports - September 2018, page-15
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
