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 Cobalt
Clearly, scenario 1 (USG funding + commercial debt) is their...
-
- There are more pages in this discussion • 630 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
(20min delay)
|
|||||
Last
1.4¢ |
Change
0.003(27.3%) |
Mkt cap ! $37.83M |
Open | High | Low | Value | Volume |
1.2¢ | 1.5¢ | 1.2¢ | $183.4K | 13.86M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 302486 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 1399044 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.016 |
2 | 233123 | 0.015 |
5 | 371441 | 0.014 |
5 | 1576923 | 0.013 |
6 | 5979118 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 333124 | 1 |
0.015 | 932378 | 4 |
0.016 | 1612872 | 8 |
0.017 | 5402711 | 4 |
0.018 | 1599433 | 4 |
Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
Featured News
JRV (ASX) Chart |