$100m Capex projects just don’t get funded in todays environment. Companies are forced into giving up 90% of the project to a major in a JV.
$15-$20m debt with 1moz I think would be easily achievable and Collin St Capital who are a lot more clever than me obviously think this has a significant chance of success or they wouldn’t have backed the truck up in the last raise.
Is anyone aware of other nearby projects that might be able to use AUN for processing of extra material?
$100m Capex projects just don’t get funded in todays...
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