Ron,
"I also went out on a limb with a suggestion, namely forward-selling the precious metals as loan-collateral"
In my opinion, forward-selling production for a new project, yet to be built, applying new technology can be extremely dangerous for a small company. Project delays in construction or problems encountered in the ramp up can cause a company to be in default of those forward sales which can result in the company been placed in receivership/administration. A company really needs back up cash flows or pre organised alternative funding arrangements to go down this path.
I think INL's only option is an equity partner/partners who get a stake in the project for the additional benefit of perhaps an offtake for the projects output. Example 100% funding for 50% equity stake such as negotiated by Compass Resources with Hunan Nonferrous Metals Corporation for the Browns Sulphide joint venture.
Regards
SP
- Forums
- ASX - By Stock
- SDV
- question to the intec q and a forum
question to the intec q and a forum, page-19
-
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SDV (ASX) to my watchlist
(20min delay)
|
|||||
Last
59.5¢ |
Change
-0.015(2.46%) |
Mkt cap ! $112.9M |
Open | High | Low | Value | Volume |
60.8¢ | 60.8¢ | 59.5¢ | $120 | 199 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 842 | 59.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
62.5¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 842 | 0.595 |
3 | 25582 | 0.590 |
1 | 32500 | 0.585 |
2 | 55000 | 0.580 |
2 | 59200 | 0.575 |
Price($) | Vol. | No. |
---|---|---|
0.625 | 5000 | 1 |
0.630 | 31814 | 3 |
0.640 | 52095 | 2 |
0.645 | 25000 | 1 |
0.650 | 55770 | 2 |
Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
Featured News
SDV (ASX) Chart |