What defines a company maker ? A transition off the degenerative CR wheel, to a cash maker.
shareholder wealth growth, from entering into a cash positive path that looks at minimizing any forward dilution.
As for growth, we need to wait to see the stage two of this agenda, what the economics of the MT Lindsay high grade study are.
If the Riley iron ore gives us the cash injection, to a longer Mt Lindsay cash flow project, without further dilution, being 50-50 debt equity funded, and the equity component is sorted from Riley iron ore.
Take a look at these videos, and I’ve made a few notes below.
mid may 2019https://www.youtube.com/watch?v=hbqnj9yl-78
If say 50m capex smaller mt lindsay high grade.
Then 50%debt ? then no more dilution for shareholders.
14m mc, 6 months from production.
25 june2019
https://soundcloud.com/user-65818883/andrew-radonjic-gold-coast-showcase-2019
working on logistics, was 48 FOB, possible low 40’s high 30’s
targeting mining Q3, shipping Q4
quick startup with much smaller mobile crushing equipment , to cash in on higher prices at present.
What defines a company maker ? A transition off the degenerative...
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