BIG money, page-60

So, possibility of 100% debt funding hey. No dilution, BUT, interest will be due and payable (slight assumption as to the load facility) long before any positive cash flow from production. Where will that cash come from? Umm, issue more equity. AND if equity is being raised to pay interest and not add value to the Co. the SP will go in one direction, short term anyway. The problem with debt is that it has to be paid back, equity does not. Personally i would like to see more equity in the mix otherwise MNS may be held to ransom by the owners of our debt.

I'm interested to hear other's opinions on financing structures, pros and cons of different mixes of debt and equity etc.