CRC cortona resources limited

Ann: Full Year Statutory Accounts , page-9

  1. 10,404 Posts.
    To save me from 'digging' could someone enlighten on why we need $77 million.

    I seem to remember a figure of $42 m bandied about which of course is Deutsche Bank which was, I thought, to include $35m for the mine.

    How did we get to the $77m figure?

    If we exclude financing and a CR where could these funds come from.

    Bringing in a equity partner? Selling CRCs assets with some gravy included?

    Neither of the above stir excitement, just dilution.

    Well if you have to suffer dilution go for the jugular. A massive auction where the sh get to bid first then the rest get to bid.

    There's plenty of ways to shake, rattle and roll a CR and there has to be a ton of excitement generated. And that would be easy if we get a decent increase in resources.

    Bring in the institutions by all means and let them pay a premium to sit at our table.

    I'm hot and excited just thinking about it.

 
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.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.