TSXV:AAA.P - Post by User
Post by
Ethanbrodieon May 02, 2012 2:45pm
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Post# 19862777
have not posted in a while
have not posted in a while Many of you on here spend way too much time and need to get a life when you bicker at each other, do not know who each other really are or their true agendas etc.. Now that I got that out of the way...
I like how farhad is setting up the process of the development of this resource. He accessed capital when markets were tight, had enough for feasability and then a cusion when finalizing financing. I love how they recieved over the 600 mil in interest for possible financing. This is a big positive because now they can negotiate a better offtake agreement. Now, that they have increased their resources and moved a large portion into the measured and indicated, the possibility of positives are many..
more prospective lenders for financing, better financing rates, better offtake deals, and a significant increase in the likelyhood of getting bought out. This project is not fully explored and should increase the resource in time by at least another 200%. this has a potential of a 3-4 mpt operation for 50 years.. Not including possible SOP production.