As a neutral bystander to the bitch’n i will say that at the Sydney mining event forum the chairman did say a cr was not in the plans. (You can listen to the video if you like) Then at the more recent open mike thing with Ron he confirmed that there would be cash+ equity raise..and this was different from what had been said in Sydney. Lest face it, financiers dont bend over backwards as much as we are led to believe to lend money alone. They will however bend over backwards to lend money and get equity on the cheap. So permit, equity to financiers at 58c, and off we go to the races again..the ONLY thing i would ask of Ron..for goodness sake make sure that equity is locked away in escrow for a year.
LRV Price at posting:
61.5¢ Sentiment: Buy Disclosure: Held
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