LAF lafayette mining limited

re: rapu rapu polymetalic mines - acturtle I think you're being...

  1. 631 Posts.
    re: rapu rapu polymetalic mines - acturtle I think you're being a bit optomistic there. They still have to sign off financing from at least 3 different parties before they can even begin to arrange construction.

    1. Debt from the banks.
    2. Equity and debt from the smelter/s.
    3. Supplier finance.

    If you know otherwise please let me know.

    I hold and agree it's a great project on paper - potentially another OXR or KCN - but as with these projects it has to get off the ground before the share price takes off.

    Cheers
    hots
 
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