""Dependant on forward sales of native copper and Direct Shipping Ore, funds may not be needed from issuance of further shares.
Now that Rocklands is in the mining phase, a loan from a financial institution or backing by one of our large Chinese investors is a possibility. There is no way they would let this project not proceed.""
And that means debts. And debt is something which many here stated ad infinitum that it would never happens.
Why then the sudden needs of mind changing....
As for me, I don't care as to how they will raise the necessary funds as long as they will do it and get us to that mining stage. It is only the terms and conditions that might be attached to it that is of a concern to me.
CDU Price at posting:
$1.95 Sentiment: None Disclosure: Held