MEK is targeting debt funding by the end of July. Due to the short pay back period and low risk nature of re-commissioning MEK can get a sizable debt funding with only a small equity gap to fill. Stock is now trading cum-raise but once funding is sorted or alternatively they get corporate interest from RMS or WGX, this stock could pay a decent return on investment pretty quickly.
Ann: DFS Defines Path to Production (Amended), page-5
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