some have already worked out the numbers. Production volume per month x Cu Price less ASIC = $0.80/lb but some have called $1.00/lb. which is fine.
How much free cash is there after Gerald $$$ monthly payment for the next 18 months?
The Taurus extension shows (options donated as sweetener) that they are not close to revealing any debt funding. I am sure they are close, but maybe the terms are no better than what they have now.
PSL release on TGS mentions that this deal shows they are not close to revealing any debt funding.
Positive cash flow issues will continue, eventually they will be advised to do a CR to ease the balance sheet pressure. Current shareholders will be diluted as a result.
A predator will then appear, but at this point in time.
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