Post by
drunk@noon on Sep 06, 2020 5:27pm
You are wrong mrSly. Listen to crux investor interview.
Ceo said the equity raise portion of the cap ex would be 50 million, minus the 20 they recieved from sprott financing. That means 30 mill us. Thats 40 mill canandain. Considering they gave sprott 1/2 warrants, that means another 60 mill shares fully dilluted. Still makes the stock cheap on a per share NAV basis based on 1750 gold, let alone 1900 plus.
What makes you think there will be no more dillution. I would double my holdings tommorrow if I wasn't expecting the dillution with the debt raise.
Comment by
mrsly0 on Sep 08, 2020 9:54am
what's next is the loan from the banks to close, harmonized terms sheets done, to get the mine built and both phases of it, the 2nd using the cashflow... here it is for you https://youtu.be/-lLTj4FImxg?t=2069 good luck
Comment by
Curbside100 on Sep 08, 2020 12:32pm
Your right on from my sources
Comment by
Curbside100 on Sep 08, 2020 3:06pm
long term investors --sorry no names on this board
Comment by
mrsly0 on Sep 08, 2020 3:35pm
I mean... who's right? the other guy or what I wrote?
Comment by
JAYDEE16 on Sep 08, 2020 6:13pm
They are doing a debt financing with the french bankers. The tutes are loaded up here. Either we see a 50% premium on a buyout or we wait until the mine is built for the bigger payout.
Comment by
mrsly0 on Sep 09, 2020 7:28am
early buyout should be at least at canaccord recent updated stock target price... imho good luck
Comment by
NeverDone on Sep 09, 2020 9:03am
I am wondering what financing structure is needed in order to make the investors happy. How much debt and how much equity.....What are the expectations? But generally I believe the market will go up cause it will be such a crucial milestone. I know its a banal question but in 99% of the cases it either goes up or down, hardly flat. Cheers
Comment by
mrsly0 on Sep 09, 2020 9:33am
new to orezone it seems. all the financial is done to complete the mine. waiting for site visite to close the loan (no stock dilution) to officialy be announced. see company website and email their ir if you need details they are good. good luck ps canaccord target is above $2.30... using gold at $1300/oz ....
Comment by
Curbside100 on Sep 09, 2020 5:43am
I believe your right ---as are most of your postings
Comment by
mrsly0 on Oct 01, 2020 1:40pm
drunk by noon he said... good luck