could look like this. ????????/ cash on hand $50 mil equity raising $50 mil banks $50 MIL IFC low interst loan $70 mil
About IFC IFC works with companies and local communities to ensure that benefits of resource development are sustainable and help create benefits such as jobs, improved infrastructure and economic opportunities. IFC offers mining clients in developing countries a broad range of financial and advisory services throughout the mining life cycle. Through its early equity investment program, IFC assists exploration stage companies, such as Gryphon, with financing and advice on best practice environmental and social management. In 2010 IFC invested over $18 billion in developing countries. IFC has provided financing to other mining projects in West Africa, such as Newmont’s Ahafo gold mine in Ghana, AngloGold Ashanti’s Obuasi and Iduapriem mines in Ghana, and Sadiola in Mali.
GRY Price at posting:
34.0¢ Sentiment: Hold Disclosure: Held