JNO 6.25% 3.0¢ juno minerals limited

Disgusting, page-5

  1. 662 Posts.
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    I'm not sure we'll get a dilutive cap raise.... I would think things will go one of 2 ways...
    (i) just decide they can't make money at these (& forecast) iron ore levels & all projects will go back into care & maintenance
    (ii) see a way forward to mining & making cash in which case I'd think it'd be debt backed

    At the moment the market continues to price for (i) imo
 
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