AMI 5.71% 16.5¢ aurelia metals limited

Brazil.farming to provide funds, page-27

  1. 1,009 Posts.
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    I simply cannot see how there is not going to be a significant equity raising. Federation cost was going to be around 100M - say they are able to save 10-20% somehow they still need 80-90M. They have 30M cash at the moment so still need 50-60M at an absolute minimum. Cost of debt is expensive, they are more likely to issue more shares.
 
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