Clearly, scenario 1 (USG funding + commercial debt) is their main focus.
From the Crux Investor interview between Matty, Bryce and James May - 13 May 2021 (37:30 mins to 38:57 mins).
Matty: "You are in discussions with the USG about debt financing on the ICO, but you don’t need them?"
Bryce: "I never say I don’t need a government. We have options available, but clearly any initiative the USG can provide - can provide structural support to what he (James) is talking about on the private side."
James: "A government solution is optimal because the low cost loan guarantee solution would be optimal from a balance sheet perspective and cost of finance perspective. It really is a question of timing".
Matty: "It’s optimal, cheaper, but not essential, but doesn’t stop you?"
James: "I think that is a good summary."
Clearly waiting on USG decision, but will proceed without them to meet commercial timelines.
You may be fine with it, however, I would prefer not to see them raise something like $50m via equity. At 50c, that would be an additional 100m shares, so 12.5% dilution. A small equity component would be more palatable as part of a larger commercial debt package (if USG funding isn't forthcoming - but let's just wait a few more weeks).
- Forums
- ASX - By Stock
- JRV
- JRV Cobalt
JRV Cobalt, page-14
-
- There are more pages in this discussion • 611 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add JRV (ASX) to my watchlist
|
|||||
Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $32.43M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.0¢ | $30.39K | 2.714M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 243471 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 4350647 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 243471 | 0.011 |
28 | 8643107 | 0.010 |
11 | 3804987 | 0.009 |
9 | 4726388 | 0.008 |
6 | 4161570 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 4347332 | 12 |
0.013 | 3309228 | 13 |
0.014 | 3459261 | 8 |
0.015 | 3066868 | 5 |
0.016 | 1427633 | 8 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
JRV (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online