Post by
rampage1 on Mar 30, 2013 9:50pm
financing
who, when , where would financing come for this mine developement of TAM's ......money is so scare for miners .....surely to god they won't eassue more stock ! anybody have anything concrete ?
Comment by
elitespooner on Apr 02, 2013 8:20pm
So what we know: $$135-140 million required - 3 parts financing, debt, off-take financing & equity In 2008 $40 million "mezzanine debt financing" by MRI Trading AG. In 2010 $60 million "term sheet" representing by Durham Capital Corp. The company has to secure debt financing within the next 6 months to repay the bridge loan of $10mill.