Personally I would like to see the cornerstone take a % stake and also provide finance.
With a payback period of 3 years id prefer to partly repay finance together with the cornerstone taking a stake. That way after the 3 years or so it would have taken to pay it back we still as shareholders reap the benefits for the 22+ years the current JORC provides in terms of mine life.
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2 | 32631 | 0.190 |
1 | 70000 | 0.185 |
3 | 74000 | 0.180 |
3 | 17437 | 0.175 |
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