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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by lefmike1on Apr 23, 2012 1:56pm
125 Views
Post# 19825041

RE: RE: Only 10 million more on offer

RE: RE: Only 10 million more on offer

Well yes 150 million is what I think will do it but  I'm not convinced that it should...  Invested in this  mine is close to 400 million in infastructure alone,  20 50% for that  is 200 million,  and the mine itself is worth what was paid for it at least....  So if the final price was 150 million I don't think it would be guaranteed that it would sell.

One thing we have not explored here adn I've been thinking about it.  Instead of payin goff teh June debentures,  why not pay off in advance the 2013 bonds and let the debentures be diluted.

 

Just a thought. 

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