GRY gryphon minerals limited
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gry seeks $140m for west african mine

  1. luckymjohnson
    805 Posts.
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    14/02/11
    11:52
    Post #: 7886431
    Article in AFR today says they require an additional $140m to fund plant and associated infra.

    "We'll expect to go back to the equity markets at some point through the year to raise some money and we'll always consider debt financing"

    "...expects to make a resource upgrade to 2 million oz from 1.5 by the end of this quarter"
    GRY Price at posting: $1.90 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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