OXR oxiana limited

lets just hope michelmore and macquarie dont fund anything by...

  1. 2,646 Posts.
    lets just hope michelmore and macquarie dont fund anything by raising equity at these levels....

    at this point in time, i'd like to see them borrow $1-2b to fund their next move and, only if required, in 12 or 18 months time do a small equity raising to clear the debt (with shareprice being north of $4) - obviously, they may not need to do this (equity raising) because cash generation isnt an issue with oxr.......
 
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