AZL 5.26% 1.8¢ arizona lithium limited

today's the day, page-23

  1. asf
    9,887 Posts.
    This is from the Cannacord broker report on ZYL in April 2012:

    "ZYL will achieve 74% of the Mbila Project with some capital dilution and a Phase 2 expansion is being investigated. It has been assumed for the purposes of the NPV that capex will be funded by debt. In reality, ZYL will require equity capital to support a debt/equity ratio acceptable to lenders."

    These companies have to do equity raisings to go along with debt. Usual ration is 60:40 debt:equity. This loan is a bridging type of loan. Equity raising comes later.
 
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1.8¢
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1.9¢ 1.9¢ 1.8¢ $62.99K 3.479M

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5 859999 1.8¢
 

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1.9¢ 1736172 18
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