Running discussion on SP, page-28584

@Roller62.

Nigel Ferguson's words in the recent broadcast interview regarding financing.

"It will be a traditional debt / equity gearing ratio. I don't want to go down the track of too much equity. That's my preference at the moment".

There will be equity and dilution. That is a fact mate and always has been. That is how it usually works at this end of the market getting finance up to build a mine.

I won't say the poster's name who belittled someone who suggested that there could be a fair amount of equity given away as part of the financing. I could find the post but couldn't be bothered as then I'll get accused of playing then man. I think this poster accused the person suggesting equity will be given away as being an idiot and trouble maker and that the whole mine will be financed by debt and no equity given away.

Anyhow, maybe you missed the interview. I just thought I'd clear it up.

All the best with your AVZ Investment.