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42.5¢ venturex resources limited

Ann: Sulphur Springs Project Financing and Development Update, page-17

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moet0000

33 Posts.

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15/01/19

09:27

Post #: 37114887
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Originally posted by corp01: ↑

I think that debt funding is not a wise option for VXR. The better option, I think, is to bring in a financially strong partner such as Sandfire Resources with (say) a 50 per cent stake. Such a move may go some of the way to funding VXR's share of the project. In contrast, funding 100 per cent of the project with debt will most likely result in a rocky road for VXR shareholders. I also think that the apparent lack of interest from industry players in becoming a strategic partner means that the project in reality could be marginal..

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Corp how do you see SFR becoming involved? Wouldn't someone NST be more likely given that NST already holds a near on 19% stake?

VXR Price at posting: 16.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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