mv
How did FMG/MMX get their project off the ground pre big cashflow? Isnt all they had at the time was their assets/tenements?
ADY do have cashflow, albeit a little moderate at the moment, but if Macquarie, Shougang, Shandong and others see a viable IO project, then the funding will come because they will want to be a part of it, and by all accounts, they are still heavily interested and continue to finalise deals pending a few loose ends etc.
Do the research, all is not as bad as so many are making out.. imho.
management, page-12
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