Molyhill should have no probs attracting project debt / offtake financing IMO or a C-note with higher exercise price and coupon value easily covered ...... dont forget 12 mill will be due from oppies as well.
U would think they would want to MINIMIZE equity dilution. In fact there may not be a need for ANY equity issue. If the boys play it right by their shareholders, they have the techno driver capability to call the right shots IMO.
Then again we could always get a U-hit to turbocharge it meantime(?)
Right now prefer the leverage punt on a price spike ahead of any funding arrangements. Of course I could be off the track.
IMBOOC
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Mkt cap ! $7.107M | |||
| Open | High | Low | Value | Volume |
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