GREY:AUAYF - Post by User
Post by
jesse18on Mar 30, 2006 2:40pm
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Post# 10589967
Question?
Question?
From previous discussions with the company I understand that the plan is for a Debt/Equity financing as per usual mine construction. It was relayed to me that 90% would be debt. After a little DD it has come to my attention that debt financing to a maximum of 60% for mining projects is the norm lent out by institutions.
Any comments?
The million dollar question at this point is how much equity and at what price.
Thanks