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Mira Resources Corp V.MRP



TSXV:MRP - Post by User

Comment by investpro2on Sep 13, 2012 2:41pm
309 Views
Post# 20358830

RE: RE: RE: RE: Valuation? Sale or Production?

RE: RE: RE: RE: Valuation? Sale or Production?

TsTseuo, I wanted to thank you for taking the time and making that detailed post. 

I do note that MRP in their cash flow has slide 13 of their corp presentation has noted:

  • 48 month amortization loan starting in 2013 loan repayment of $8M climbing to $17M in 2014 onwards

I view MRP plans  is towards financing their capital reqmts and less so with equity

Thanks again for your post, it will be very interesting to await the First Energy process, as you all have noted clearly MRP prefence as stated in the flyer is a sale.  I believe the corp presentation is to outline the value added proposition to the buyer.

 

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