ANX 0.00% 2.5¢ anax metals limited

Ann: Capital Raising, page-19

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    Yes there definitely is alot happening in the pipeline, if this project was in chili it would cost $1 billion to build the project but will cost an estimated $70 million to build the copper processing plant and get to production, Geoff is a major shareholder and said he didn't want much dilution to shareholders, they will receive debt funding for most of the project which is alot better then dilution, when in production they can do another raising at a much higher price.
 
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