TSXV:FCO.H - Post by User
Post by
paljoeyon May 03, 2012 8:28pm
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Post# 19869374
ICP funding
ICP funding As far as I can ascertain, they still have over $40 million in cash.
Secondary financing to replace the L/C was expected to take about 2 months to complete.
That falls due later this month.
Increased cash flows from refining helps, but they need to move forward with the main ICP project.
Dont care whether its offtake, debentures or combinations including equity.
Just get it done