re: Ann: Update on Progress EMG and CMIC Beyo... I'm a little concerned... Or perhaps I missed this in previous announcements...
I don't ever recall (in previous announcements) the $200 million from CMIC being split - half being a loan. The $200 mill was always talked about as a straight up investment - never a loan.
CMIC are effectively getting 50/50 of Beyondie (currently 500 million tonnes of Fe) for just $100 million.
Can anyone point out a previous announcement where I have missed this is the past?
I am now concerned about further working capital to develop into a mine. How much will be needed and where might it come from?
To me, this raises more questions than answers.
re: Ann: Update on Progress EMG and CMIC Beyo... I'm a little...
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