Absolutely Kalmsg. I can't see the need for any further share issues, other than maybe a couple of million for funds for a DFS on the Vanadium.
Presales of the Uranium could as you say fund the construction of Nolans, with no need for a partner, no need for share issues, and no need for debt financing.
I think a partner for Nolans would eliminate the need for any further dilution, perhaps a small parcel to put some funds into the kitty for other projects could be issued to the partner as an act of goodwill.
Also be interested to hear if anything is happening with gbc at Mt Porter.
Certainly i'd be dissapointed if the register clocked over 150M and that's including directors specials.
2010 valuation, page-5
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17.5¢ |
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Mkt cap ! $431.2M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 10 | 519867 | 17.0¢ |
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| Price($) | Vol. | No. |
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| 17.5¢ | 3104135 | 19 |
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