SRL 0.00% 40.0¢ sunrise energy metals limited

CLQ...Valuation problems, page-65

  1. 566 Posts.
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    Sally,

    Hows it going to fund the $1.8 billion to build the plant?

    .. it only has $150m in working capital ... $500m debt facility 

    Is the rest a dilution ?

    They will still have to find over $1 billion.


    Thats another 500 million shares at todays price.

    Means existing shareholders get creamed ... lose over 40% even at 50c now

    Whats missing here? 

 
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