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Ann: Pilbara Cu-Zn Project DFS Delivers Positive , page-7

  1. gordon_gecko
    581 Posts.
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    18/12/12
    10:54
    Post #: 11200819
    re: Ann: Pilbara Cu-Zn Project DFS Delivers P...
    The concern would be funding the $279m needed. At 3c that is a lot of shares. There is also limited cash available, expect to have about $3m at the end of Dec 2012. So a share placement can't be far away.

    I will wait until there is more information on the financing strategy.

    VXR Price at posting: 3.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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