The dfs has been useful for altonas bankers. It presumably shows funding this project is not viable ~ low grades, etc.
It also shows to astute investors that equity funding would result in massive dilution. .. about 400%.
The best option would be flogging the whole project to a miner tsking advantage of synergies with existing mines.
- Forums
- ASX - By Stock
- announcement out!
The dfs has been useful for altonas bankers. It presumably shows...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)