fair comments re financing! re "I want at least $200 mil or we...

First 5 Last

Share
Profile

Follow
curiouswon

3,926 Posts.

586

28/03/17

13:15

Post #: 23676930
Share

Originally posted by dogon ↑

Yeah, no one argues Freida is not a good resource. But where do we get the money, and if we did how long before we get a return. We have $us 12 in the bank how long will that last ? We will need to find maybe $us800 , and it will not start for another 5 or 6 years, then most of the cash flow, like a Ramu will go towards the debt..
What happens if the costs blow out by $1 bil, we are up for another $200mil. What happens if it is delayed for a year or so, or ramp up takes longer than expected. Freida is a great resource, no one knows how great, I think it is a monster. The Chinese, or the ratf....rs, as Kevin refers to them as, have different priorities to us, they have endeless money and infinite patience, Freida will still be operating in 60 years. Their priority is Supply.
I want at least $200 mil or we should take the 3% net smelter royality.

Independent Directors? Please! One of them was on the Board of PanAust for years. All will be getting their Directors fees thanks to PanAust.

Expand

fair comments re financing!
re "I want at least $200 mil or we should take the 3% net smelter royalty." - seems reasonable to me

HIG Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

MHK

Metal Hawk shares sink -50% as gold drill results disappoint

HotCopper Trends: Final day of quarterlies; Larvotto FID & more

ASX Market Close: Index rebounds as investors buoyant | July 30, 2025

LRV

Larvotto hits "go" on Hillgrove Project

Investor education equals superior returns

WC8

Investors shrug as Wildcat's latest lithium drill hits fail to excite

SS1

Sun Silver unveils Maverick Springs assay results

I88

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

ASX Market Open: Local bourse tipped to trade red after same on S&P500

SGQ

Traders watch with interest as St George Mining reveals REE hit

First 5 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

fair comments re financing! re "I want at least $200 mil or we...

Top Stories

Metal Hawk shares sink -50% as gold drill results disappoint

HotCopper Trends: Final day of quarterlies; Larvotto FID & more

ASX Market Close: Index rebounds as investors buoyant | July 30, 2025

Larvotto hits "go" on Hillgrove Project

Investor education equals superior returns

Investors shrug as Wildcat's latest lithium drill hits fail to excite

Sun Silver unveils Maverick Springs assay results

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

ASX Market Open: Local bourse tipped to trade red after same on S&P500

Traders watch with interest as St George Mining reveals REE hit

Featured News