It will be interesting to see the terms of the deal, when it happens.
Will it be debt funding? How much and on what repayment terms / equity split.
Who will stump up for the feasibility study and engineering for the establishment of the tailings leaching process.
IMO, If all goes well and a large Chinese firm puts up 20-40-60 mil do develop and implement the process with less that a 50% new equity issue it will indeed be happy days.
What history do CFE and Sage have with developing Mining infrastructure, and was it not sages intention to buy and sell the assets with minimal investment at a premium to gain profit?
It will be interesting to see the terms of the deal, when it...
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