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Bullboard - Stock Discussion Forum Alio Gold Inc. T.ALO

"Alio Gold Inc is a gold mining company. It is engaged in exploration, development and production in Mexico. Its projects include San Francisco mine in Sonora, Mexico and the development stage Ana Paula project in Guerrero, Mexico."

TSX:ALO - Post Discussion

Alio Gold Inc. > Hey Temple they are looking for $90 MORE MILLION
View:
Post by frankman on Dec 01, 2017 11:51pm

Hey Temple they are looking for $90 MORE MILLION

Not a couple of bucks down the road. You can read right?

"Discussions on financing alternatives for the Ana Paula project including project or corporate debt commenced during quarter. It is expected that financing for approximately $90 million of the total estimated $137.2 million capital cost will be arranged over the next six months"
Read more at https://www.stockhouse.com/news/press-releases/2017/11/09/alio-gold-provides-third-quarter-2017-update#fErWGl7FlGBsZ3QT.99
Comment by templetooth on Dec 02, 2017 12:05am
Everyone is well aware of the company's stated intention to raise $90-$100 million US of debt financing. The company has said they are evaluating something like 12 different proposals. I would expect the company to act on long term financing within the next few months. My comment about $20 million is in the context of a potential FURTHER cash requirement. If San Fran performs at any ...more  
Comment by chopchopbc on Dec 03, 2017 2:34am
This is the publicly released information that i was referring to Frankman.  Numerous aliases, (who are maybe the same person) get on here and talk about this financing as if its equity financing and is going to dilute current equity holders.  Deliberately conflating equity financing impacts with debt financing impacts. Very misleading.  
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