a ray of sun on a gloomy day, page-8

  1. 78 Posts.
    who will step in to fund this project this is ridiculous any word on the economic model of 6 years not 10 years that means the finaciers want ther money back in 3 years at what premium some needs to revalue the stock and run the numbers on capex and opex my guess the stock is worth at least $9 assuming the commodity price holds up of course but again this might be the risk here also quite nasty really a combination of commodity price scares and pockets sewn up the gas supply contract clearly states subj to financing but again thsi agreement is for 6 years why not 10 they have 10 year mine life?

    Any comments would be welcome I am itching to get on board
 
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