TSXV:AAA.P - Post by User
Comment by
jonofdublnon May 29, 2013 8:11pm
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Post# 21457979
RE: RE: RE: RE: equity financing
RE: RE: RE: RE: equity financing JR,
I know you have mentioned the $1.50 mark before, but how could they justify that with shareholders with the NPV of the feasibility study at 1.3B. That is the net. I could see bidding starting at $3, but why sell to Yara when we have the water. We have lived through the risky times and all is panning out, so selling out at much less that NPV would lead to a negative reaction from shareholders....especially this one!
My best,
John