How about I buy you and Marty a pair Sinbin.I think I might be able to afford them in the near future;-)
They do wonders for your view on high grade African specs such as Anvil and Aim.
Sure one can argue the fact that we have more diluton and it may well be that the lenders wernt prepared to go with any more debt than what the balance might turn out to be.
But we dont know this JUST YET.
It may well be that they are going with the balance in debt for concentrate,I have no idea and I dont think anyone else does,apart from Directorial management and the offtakers plus a few substantial holders as a guess.
What I do know is that Aim have endevoured to minimise debt UP UNTIL THIS ISSUE.
There is also the distinct possibility that there may be more market cap in this company than just whats coming from Perkoa.
But then we dont know this either.
BUT what I do know is that Aim has been able to raise this capex via the unit issue(as long as the issue happens with no probs) AND the sp has held SOLID well above the unit issue price and is POSSIBLY looking to push higher in the near future.
But then we dont know this either.
Geez there's a lot we dont know that we should know in the next 6 months.
Thats if we can get off Fiji time and into Wilf time;-)
d.
perkoa drilling comment, page-21
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Mkt cap ! $85.61M | |||
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