2ic,
My opinion is it will be very hard to get finance "minor ripping" as per SFX presentation posted by Crownjewels.
All high grade below 60 metes will cost an absolute fortune! It is a big concern that no one is touching it!
I disagree, markets are booming, economies are thriving, Australia is the lucky country. I do not think that can be an excuse for SFX not receiving funding.
My opinion is it is jut not viable and a JV is a hail Mary touchdown that just will not happen.
Opportunity knocking, page-38
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Mkt cap ! $115.9M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 18 | 30.0¢ |
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| Price($) | Vol. | No. |
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| 30.5¢ | 3000 | 1 |
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