Certain share prices easily accommodate financing
eg EXT
$1.5b in financing required
can be acheived by issuing 150m shares at $10 each, which is insignificant dilution in respect to potential profits
or 75m shares on 50% equity financing
ELM is the same
ELM has just started
$5 share price is possible by end of 2011
issing 80m shares at $5 covers 4/7 of the financing
80m shares is nothing
as for RWD, FIRB would not allow a Chinese takeover
RWD is too small for RIO or BHP
looks like the RWD development will be in the hands of Dr Ruin and Col McCavana
oh dear
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