we need to cover 2.4 million dollars... norwest can look to raise the money internally throught its soph investors through its shareholders through its underwriters through its directors....
$1 million soph... $500k shareholders... 400k directors... leaves 500k... cornerstone lol?... all inline with previous placements...
what im saying is norwest is close to pulling this off without the farm in partner the market may think we require...
all we know is shelley is very keen to get this drilled in 2017 and we have a solid 60% of the farm out complete... we have 2 desperate partners who want this to happen... if norwest need extra time there is every indication our partners support this...
there is so much underlying value in xanadu that once the money is sunk... the platform is laid that progression towards a drill is the most likely outcome...
trades, page-122
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)