"But realistically, the feasibility study could well swallow the whole bankroll. Then we'll need to raise capital or find a development partner in a buy-/earn-in deal. So there'll be a bit of dilution before the money starts to roll in."
Did you pay attention to this bit in the announcement?
"The majority of a Feasibility Study for Paguanta has been completed.
Past expenditure on the project is approximately US$31.5m (A$43m)"
would suggest that its pretty much already there
"But realistically, the feasibility study could well swallow the...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
