EM2
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0.00% 6.0¢ eagle mountain mining limited

Yes some kind of catalyst is required but keep in mind, we don’t...

  1. BobbyKennedy
    7,549 Posts.
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    18/09/23
    06:49
    Post #: 69893601
    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.
    EM2 Price at posting: 8.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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