CCI chrome corporation limited

" Debt : Con note A$6 mill + Ilanda A$2 mill + A$3 mill start up...

  1. 2,232 Posts.
    " Debt : Con note A$6 mill + Ilanda A$2 mill + A$3 mill start up = A$11 mill "

    These debts will probably be "wrapped" together in a re-financing after FS results.

    Why not throw in another A$3 mill and start the AIM listing rolling immediately after FS results ....

    Brian was in London July last year to check out the interest etc.

    Chairman Richard Linnell ( being the chairman of 2 AIM listed miners already), is no doubt seeing the benefits of CCI listing asap.

    Obviously he and Brian would like to AIM list asap....it would introduce an audience with deep pockets that will understand CCI/chrome much better than in Aust.

    It would certainly take the "heat" off Brian.....no doubt.

    With an AIM listing and 600,000 - 800,000 tonnes open cut...sp will be pushing 10 cents at some stage.

    All speculation on my part....but really, CCI are going to wrap A$11 mill in debt together...why not make it A$14 mill.........( Finance will be in Rand)

    That extra $3 mill could be the best $3 mill CCI will ever spend.....

    And for those who feel CCI wont be able to debt finance the mine....do the figures.
 
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Currently unlisted public company.

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