GREY:JNRRF - Post by User
Post by
megphion Aug 28, 2003 8:30pm
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Post# 6363328
What will satisfy us?
What will satisfy us?Since we will probably have deals for Moore Lake and/or Lazy Edward shortly, we should all post what we believe would be deals we would be happy with. Of course there will be dilution, no one will pony up cash without some ownership. None of us would. As soon as a deal is announced, I am convinced that some of us will find any reason to have a problem with it.
Therefore, I will state that I would be happy with a JV for Moore Lake that would require a minimum of $1.5 million working capital over 4 years for a 50% ownership in Moore Lake. Hopefully more but I would be happy with this as a minimum.
I would be happy with anything for Lazy Edward as I got involved with JNR only because of Moore Lake.
Please post your minimum expectations so we can all be held accountable for our posts after any deal announcements.