Ok folks after watching this interview my mind started run wild and a few comments from Nigel have me thinking .So at 11;20 seconds Nigels mentions funding and i quote "we just need to finalize the balance of the funding depends which one we go for obviously " with a smirk on his face
So this current raise is for how much ? 50 million Aussie ,
The ATM facility is for 50 million US ,
Cath are funding over 400 million US as per announcement 27th September .
Would i be right in saying that AVZ have basically secured most of the required 540 million Capex ?? without and debt ?? Is Nigel trying to tell us that we are going mining and we may not need to borrow anything ? The DFS has a contingency of 10% or 49 million .
I reckon these guys have secured funding all without debt , if so why no debt ?? was it a requirement of DRC ?? he mentions in that interview that he believes that the comity are siting this week in the DRC ,, Are we going to get our ML now that technically we have all funding secured ???
Time will tell i suppose![]()
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