I digress a little here..but clearly this is no ordinary Junior
mining company.Here we have Management that can mix it with the
best inc KKR etc. in the global" cut throat" finance "deal" environment..
To be sure, as the international Banking continues to
be under pressure due to poor lending 'profit" environment.in the
traditional sense..Company maker Lenders with growth focus
such as Provinance..can readily fill the gap left by say non "industry"
focused lenders ..perhaps even enhancing more negotiated favourable outcomes..
in terms of shareholder value etc..
To be honest, there is no money in Banking ,in the traditional sense,when
interest rates are at near zero levels. I am sure Provinance has more than
enough projects to choose from as the more "mainstream" Banks shy
away from quality projects that maybe a little beyond their current level
of expertise, and perhaps represent an unfounded perception
of higher than normal risk profile.....
Just a thought..
Cheers
NMI Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held