AUZ 6.67% 0.8¢ australian mines limited

A billionaire who has connections but can borrow loans only to a...

  1. 516 Posts.
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    A billionaire who has connections but can borrow loans only to a certain extent...

    If he believes the project is too good of a sweet cake why didn't he just fork out 50% and keep the stake to himself?

    The main reason they selling up to 50% of the stake is to hope the buyers are one of the batteries maker because they need customers, in able to borrow more funds for the up coming expensive development.

    do you know why mining companies need to go DFS stage? dig deeper then find the truth behind it...
 
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