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.
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