This TSX issue would be something worth clarifying too.
Does the company need to list a certain amount of stock in terms of value to be able to list on the TSX rather than just using the Escrows(Canadian listable only).
I would think Westwind wouldnt be particularly happy if they were previously going to issue another 56M worth and now they wont be.
I dont know that they'll be very transparent about this whole financing aspect if they are still looking to equity via the TSX.Their last statement re this 56M was very open ended so it could be taken either way as to which way they turn for this cash.
We also have the role that any good Perkoa/Mumbwa results might play in this.One hopes that they will pull out all stops to attain the debt though.
Like Cso1 has said about Gip's Abu D BFS,after all a BFS is just that,it illustrates to the lenders that the project is bankable,nothing more nothing less.Commodity prices may go up or down and then the NPV would look entirely different either way.
d.
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