EM2 18.3% 5.5¢ eagle mountain mining limited

EM2 Chart, page-114

  1. 7,556 Posts.
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    Yes some kind of catalyst is required but keep in mind, we don’t finance production using equity only. If we assume 70/30 debt to equity, we’ll need $60M equity (to fund your theorised $200M CAPEX) which is a stretch but definitely achievable.
 
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