LCY 0.00% 1.3¢ legacy iron ore limited

seven lessons learnt, page-43

  1. 99 Posts.
    Has anyone read anything regarding the financing. My internet speed is a bit slow and I gave up after page 35. We have a major cornerstone investor, so exactly how are they going to work it. Nmdc provide cash to get Mt Bevan(and assets aquired) up to production them pay themselves back once its earning money. Or do they loan the company the money with intrest. Or because they will be in charge do they do a rights issue and put the heat on existing shareholders to cough up.
 
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