Nope ... Don't agree with either of you really... as long as the broader market is rising and more importantly the Copper spot is rising ... and the imminent risk of the $12m debt being secured is there the price will rise... . Sure there will be pull backs along the way but the predominant direction will be up ...
Also factor in MGMT want this mine up and running next year... a delay of 3 months in signing finance would ultimately be a delay in Income from the mine by 3 months ... at 60 million net a year that's $12m profit ... so not sense spending too much time trying to squeeze $500k out of a better deal that delays the project by 3mths....
- Forums
- ASX - By Stock
- AVB
- shareprice will stall until ful conditions met
shareprice will stall until ful conditions met, page-3
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)