Post by
Specific on Jan 13, 2022 4:02pm
today's presentation
a debt financing by endevour is in the works and will be done by by june, followed by an equity raise. the equity portion will be deployed before having to pay interest on the debt
the mine life is longer than the fs shows. my opinion is that this is a major factor from wheaton's point of view
wheaton's participation gives credibility to this project in terms of negotiating a debt deal
when asked if genm will be sold before production, he said when ever the price is right, and that currently the company was very under valued
1.5 year payback based on current prices (awesome for the debt holder). he speculates that pd will be higher going forward
my opinion is that so will cu
they have several (I think 12 or so) roadshows planned to get the story out
so, its just a waiting game for a few months....permits, financing....construction starts at the end of this year and at some point a significant move in the sp
all good in my books......schwing !
Comment by
skiesthelimit on Jan 13, 2022 4:09pm
Good presentation today. My favourite part was when talking about the equity raise, he said they are doing something "creative" not just a standard equity raise. He almost went to far and spilled the beans when he was talking about it. Can't wait to see what that looks like.