1. Determine whether this Project is actually feasible in its current format after considering the risks and capital contribution required?
If yes, proceed to point 2.
If no, stop. Distribute remaining cash as a dividend and move on
2. Now that we know the Project is feasible, the only question is at what range is it also feasible to a new CI/SI. Start at upper range, aim for middle range but be prepared to go to low range given lack of alternatives now.
Instead, we are in debt to some fb mate
GMC Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held