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Advanced Explorations Inc. ADEXF

Metals & Mining Industrial Metals & Minerals
"Advanced Explorations Inc is a development stage company. It is engaged in the acquisition, exploration and development of properties within the resource sector."


GREY:ADEXF - Post by User

Advanced Explorations Inc. > XXP's voting on a loan guarantee
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Comment by stocksportson Dec 05, 2012 4:30pm
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Post# 20689122

RE: XXP's voting on a loan guarantee

RE: XXP's voting on a loan guarantee

Thanks Tepin. Great research job! These numbers look pretty good. Obviously XXP didn`t change their plans to become a more integrated supplier of ductile pipes with their own iron ore supply. Things are looking very encouraging. Initially financing about 1 billion was part of the frame work agreement. Not these numbers are much higher. Now we have to think what their plan is. My guess is that they want to see the 8 mtpa production scenario including LNG. I don`t think that XXP is financing the potential RB mine by 100%. Any thoughts? 

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