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2.0¢ thunderbird resources limited

Ann: Acquisition of Advanced Copper-Silver Project in Peru, page-54

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markeewan

3,020 Posts.

745

22/02/17

23:58

Post #: 22828184
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Originally posted by Waiting4Godot ↑

I can't be answering all your questions but I can share with a few ideas:

5 years $8m so why do they need to raise $8m now?--- that's a very good point, answer Is : they do NOT. A JV with silver standard? --- no it's not JV. Silver standard gets $12m value in total & holds 10% of VAL permanent once deal goes thru (post all $8m raising case). Selling other assets- maybe yes or no but that 'largely depends on CR' means other source such as convertible notes (I.e. Debt / finance facility) is also possible but I personally think a very minimum odd to go there, shall not be interpreted too much here

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I am also wondering why they need $8m raised in the first year. More to this than meets the eye.
My other post got lost as slow internet, but I'm looking forward to participating in the cap raising.

VAL Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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