Re: another round of finance?

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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khareema

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Re: another round of finance?

in response to

another round of finance?

bernardho

posted on Apr 29, 2009 03:51PM

You have to consider everything he said. Didn't he also say any future financings probably wouldn't be equity financing? This indicates to me that by that time they will have a proven resource which will qualify for debt financing (bank loan?). That by itself speaks many, many words to the right listener.