ACF 2.75% $1.12 acrow limited

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  1. 83 Posts.
    I can't say I would be happy with a T/O at anything lower than 60cents. My guess is that a lot of holders are a fair chunk in the red on this one - including management. If they accepted 40 cents I would feel completely ripped off.

    Do people think they would sell a % of the project to cover ramp-up costs?? Personally I would prefer debt, and retain 100%...
 
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