I don't know how financing capex works. So I have a question. I won't be reading any responses from the shorter crew, as they'll all be BS.
Why can't this be 100% debt financed, or close to 100%? $100M, or there abouts, isn't that much. They have a big BOA, and I'm sure they can disclose the terms to the lender. When JM said he wasn't considering a CR, I interpreted that as meaning they'd borrow the money. Its a good opportunity for the banks to build local connections. I'd imagine once the DFS is done, they'd be a pretty safe bet for the banks?
Like I said, I know nothing about financing. So perhaps my question is naïve. But I'll ask anyway.
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Mkt cap ! $48.20M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 47805 | 1.6¢ |
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Price($) | Vol. | No. |
---|---|---|
1.2¢ | 44913 | 2 |
View Market Depth
No. | Vol. | Price($) |
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29 | 8122420 | 0.015 |
15 | 4956049 | 0.014 |
6 | 2433923 | 0.013 |
5 | 1791667 | 0.012 |
5 | 2415909 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 8 | 1 |
0.016 | 1044822 | 2 |
0.017 | 4800000 | 5 |
0.018 | 2674128 | 8 |
0.019 | 3659762 | 9 |
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