RE: RE: TAM - 1,09 CADI do not think so. I think the financing matter has been blown out of proportion beacuse of the credit crisis. Since more and more signs is signaling the end of the credit crisis the Pine Point Project shouldn't be hard to finance.
Equity capital won't be raised until the 60-85% deal with a financial institute or similar is presented. My guess is that with current metal prices TAM will set that level to somewhere between 0,50 and 1,00 CAD and since the balls rolling by then they'll have no problem raising the last 15% through equity at those levels despite dilution.