Who needs the Banks?
BSG/PJO don't!!
PJO will have all the cash it needs (CAN$75 mill from warrants to come; the Warrant issue price is CAN$9.50 and current share price is CAN$9.85).
So, the BFS is a misnomer because it does'nt involve any Banks needed to finance.
Instead, there will be data from PJO/BSG forthcoming from now on.
Of course, one does'nt raise CAN$75 mil unless it will be spent on the new Plant and Mine.
These are exciting times, with Mining Progress reports- Resource updates, Drilling results and other Reports to come from now on.
All systems are go. It is possible that one or two approvals are in the pipeline, however, the raising of the cash will be a first class result.
Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities.
- Forums
- ASX - By Stock
- BSG
- bankable feasibility study is a misnomer!
BSG
bolnisi gold nl
bankable feasibility study is a misnomer!
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BSG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online