III icon resources ltd

tungsten production late 2011 brr update., page-3

  1. 539 Posts.
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    Crimson,
    Re the cap raise. The indications from the interview appeared to be rights issue etc.
    The reason i say that, is he says "dependent on cap raising" as part of the audio.

    IMO it does make sense to cut a deal with a strategic off take partner, however maybe they want to prove production first.
    Mav
 
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