PINL:VLTAF - Post by User
Comment by
gold_diggers1on Sep 27, 2012 12:26pm
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Post# 20420827
RE: Scotia
RE: Scotia I think people are waiting to see how VTR is going to fund the development of Kiaka, especially the DFS - what to do in a staging approach. The funding may consist of several options, not just equity issue. It could be a combination of debt financing, equity, a JV with even some non-mining companies (like Samsung doing a deal with someone, can't remember who).... In the current market climate, The Standard Bank and/or management should give investors some sense of direction of where this is going in terms of financing the mine development.... otherwise, we are deep in the abyss that no one will notice or have interest in this VTR.
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GLTA