Now that the DFS has confirmed what we have in the ground, debt funding should be easy to obtain
If we have 7 financiers looking at giving us funds with a pay back term of less than a year of production we are in a very good position
If equity is used as a percentage of finance then pay back isn't required at all, even though this isn't the preferred option
I thought financing was almost complete ? June / July doesn't sit with what Ron has said, I thought I heard him say it was imminent or words to that effect
So to get this right will it be in this order ?
1) Webinar tomorrow with a future plan of attack released to share holders
2) AGM on Friday - voting completed, maybe Board member changes or other appointments made
Are any other announcements usually made at an AGM ? Like drill results ? etc
3) Then Finance is announced soon after with a clear path to production released
this may involve a CR
I would assume if we have finance announced then the SP will be over $1, so Cr will be current price less 15 % or there abouts ?
Ive never been through this before so is this the order of events etc that we should be looking at ?
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61.5¢ |
Change
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Mkt cap ! $253.5M |
Open | High | Low | Value | Volume |
57.5¢ | 62.8¢ | 57.0¢ | $1.581M | 2.615M |
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No. | Vol. | Price($) |
---|---|---|
2 | 52029 | 61.5¢ |
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Price($) | Vol. | No. |
---|---|---|
62.0¢ | 476 | 1 |
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No. | Vol. | Price($) |
---|---|---|
2 | 52029 | 0.615 |
2 | 100003 | 0.610 |
1 | 5000 | 0.605 |
5 | 138433 | 0.600 |
1 | 52027 | 0.595 |
Price($) | Vol. | No. |
---|---|---|
0.620 | 476 | 1 |
0.625 | 20567 | 1 |
0.630 | 92449 | 2 |
0.635 | 139132 | 2 |
0.645 | 7472 | 2 |
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