Originally posted by Simmrr
yep, agree with what you are saying Matty,
I figure the construction will have to be addressed in the future and deserves some thought and weight.
Questions I found myself asking was how will the company fund such a construction? Do they have the financial reserves, do they need to borrow, or will they use a share of the company and profits to raise the capital? Are they serious about mining it or sprucing up the project and selling for a turnaround profit?
For the moment it seems the management has a good idea of the immediate steps which gives me a sense of comfort with short term outlook of the project. The timeline as suggested by others is quite short thanks to Anglos work. Full marks there.
Just a matter of management sticking to the timelines and the government transitioning peacefully.
Thanks! Agreed, it definitely does need thought, I also wonder where the cash flow will come for this, I just assume it'll be debt funded. I'm sure they've accurately forecasted how they'll fund such spend.
