EDM PNR

I can't see how a co with MC of $5mill can secure a project...

  1. rogerdat
    6,450 Posts.
    lightbulb Created with Sketch. 445
    clock Created with Sketch.
    18/08/11
    13:12
    Post #: 8839466
    I can't see how a co with MC of $5mill can secure a project worth $25mill.

    Perhaps they have a rabbit in the hat,but I doubt it.

    What sort of institution would lend such large sums unsecured?

    Europe is a basket case and the first thing I would do if finance was sort would be to negotiate the price down.
    EDM Price at posting: 0.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

LYC Lynas eyes first dysprosium, terbium HREE production in CY25
right-arrow Created with Sketch.
NEWS Microcap Wrap: 5 explorers with news out today
right-arrow Created with Sketch.
3DP Pointerra wins US$1.63M from US Dept of Energy to model climate change scenarios
right-arrow Created with Sketch.
SUN ANZ deal to buy Suncorp to go ahead following approval from Treasurer
right-arrow Created with Sketch.
TBN Tamboran is developing the NT Beetaloo Basin. To get there, it's listing at $36/sh on the NYSE
right-arrow Created with Sketch.
SXL Southern Cross says no to buy up of Australian Community Media assets
right-arrow Created with Sketch.
watchlist Created with Sketch. Add EDM (ASX) to my watchlist

Currently unlisted public company.

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