PNM 0.00% 2.4¢ pacific nickel mines limited

Any chance you can share the broker report or at least the...

  1. 440 Posts.
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    Any chance you can share the broker report or at least the source? I think you are right there will be a cap raise, real question is how much and on what terms? Capital is needed to develop the mine and can't imagine any bank lending against a resource yet to produce, though offtake partner may be willing to put up a financing facility in exchange for offtake agreement. Going by history of SPP at last raise don't think it'll screw us over and imagine a few of the instos on the register will be happy to invest if DFS is decent.
 
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