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Banca I.F.I.S Spa BNCIF

Financial Services Banks - Global
Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The gro


GREY:BNCIF - Post by User

Banca I.F.I.S Spa > Better off without Flinders?
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Comment by TKingadvisorson Jan 22, 2015 8:41pm
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Post# 23354072

RE:RE:RE:RE:Better off without Flinders?

RE:RE:RE:RE:Better off without Flinders?Today was an emotional day for many of Big North shareholders but nothing has change since August when the company release the Tetra Tech report. Undoubtedly, financing in this market will be difficult but the company does not need $2.5 million now. They can start slow by getting all the permits and acquire financing as needed. A buyout senario is possible if there are a sharp rise of demand of graphite in 2015. Low capex project with shortest time to get back into production will be in demand. 
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