Agree, the 75% is interesting. NAIF as lead lenders clearly important. Both of these points relevant to RWD & AMN APC has up to 3 years to worry about placing the balance of production. Hard to see that being a problem. APC in similar situation as RWD, they need a higher SP to make the 35% equity raise more palatable. There is probably some upside in approvals, NAIF & finance. A deal on the gold is the wild card with APC.
APC Price at posting:
8.8¢ Sentiment: None Disclosure: Not Held
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