RE: RE: RE: RE: RE: RE: RE: RE: Retiring young- Ep Ok, please don't buy Krn or aaa.
So lets not talk about them, and instead please anyone(including retiree) answer me logically using facts and numbers about how a $3 Billion dollar mine will get built, what the costs including interest would add up to be, and most importantly of all, how can shareholder value be ensured in the process?
The Pre feas is based on a 100 percent equity scenario.
So how can equity be raised without massive, massive dilution.
How many shares has Epo outstanding including warrants etc etc?
if Epo had to raise say 10% of the total $3 Billion needed, how many shares would they have to increase the float by?
It would leave Epo with a float of around 1.3 BILLION shares.
If they raised 50% of the required $3 Billion the share float would be around a massive 5.3 BILLION shares outstanding.
Maybe that would be old for some as there would be lots of liquidity. Not like getting "stuck" in an illiquid stock like Krn, with its measly 28 million shares outstanding.