ASN 2.04% 10.0¢ anson resources limited

Ann: Anson Finalises Location of Pilot Plant, page-57

  1. 10,604 Posts.
    lightbulb Created with Sketch. 2095
    My question is.
    What will be the cost to build this pilot plant ?
    Will the cost be paid for by a MOU partner viva a offtake agreement ?
    Will Anson loan part or all of the money needed ?
    Or will the company do a rights issue to shareholders to cover part or all of the cost ?
    My guess is that a MOU partner will take up a placement and offer the rest under a offtake agreement with the option to purchase company shares and to be issued at a discount at a latter date under certain circumstances achieved or not achieved.
    And a rights issue for working capital and admin expenses.
    No matter what ,there is going to be some dilution to current holders ,and this may explain why some larger buyers are holding off.
    The good thing about the current financial situation ,is that no funds will be needed until work beguines on the pilot plant build.
 
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