"What if they need $100 million in finance (to include benefication plant)?"
If RP is USD 350 (Aus 450) at time of production Mak could have AUS 900M profit before tax etc...(3MTx300 margin)
So, they could pay off the 100M capex loan with about 2 months profits.
Shouldn't think they'd have much trouble finding a loan with figures like that.
Many projects eg MOLY Mines are looking for Capex of 1B....100M is not that much if the numbers stack up.
Isn't Legends capex closer to 1Bill?
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