TSXV:CAV.H - Post by User
Post by
junior_mineron Feb 14, 2007 2:43pm
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Post# 12235455
Capex / financing
Capex / financingThey had 20% production expansion at year five. Also Co and Zn circuits can be, at least partly, financed from the first year's copper cash flow (provided I understood wording in the PEA correctly). Consequently they don't have to raise the whole capex. That is less dilution.