Yes they will need to get finance but Republic and the Company's advisors (CPM Group and Carling Capital Partners of New York) are already working on the ongoing fund raising for the development of Amayapampa. The Directors of the Company have announced a number of meetings with potential banking and financial partners.
The company has announced they have strong investor interest from North America and Republic is also examining the benefits of listing the Company's fully paid shares on the Toronto Stock Exchange.
Republic is also looking to appoint the Toronto based investment bank, Jennings Capital Inc, to work with the Company's Australian stockbroker, Patersons Securities Limited, to raise the equity to fund the Amayapampa Project.
CPM Group of New York is mandated to raise debt for the Amayapampa Project whilst Carling Capital Partners continues to act as strategic financial adviser and coordinator of the fund raising.
Representatives from the Company, its advisors and Patersons Securities visited the Amayapampa mine site in Bolivia on 12-13th March 2010. The visit was very successful given the advisors and financiers were able to witness firsthand the development and progress the Company has made at the mine site and with the socialisation programme.
Look they are not sitting on their hands and these recent announcements that I have copied and pasted above is pretty positive I would have thought about raising finance
Just me but I am a Republic bull so let�s see what happens. Yes it is a specie share and has some risk
Hoges in Darwin
BIG Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
