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nmdc 50% stake in minemakers ltd, page-12

  1. Saracen
    3,048 Posts.
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    01/06/11
    12:00
    Post #: 8481884
    Say they pick up $40 mil for the costs spent on Wonarah and then debt funding for the rest. It's ok but not brilliant.

    You could roll that cash over to the Namibia project and equity fund that at a later stage depending.

    I'm not 100% sure on that deal...
    AEV Price at posting: 47.3¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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