Argex Titanium Inc. ARGEF

RE:The extent of upcoming dilution to finace the plant is a major determinant

[almostretired13]

At the assembly Roy said that financing is not yet decided but he wants to avoid or minimize as much as possible dilution because he is also a shareholder. 
He mentions that Florian A Reis  (the new guy on the  board with deep pocket) as a lot of experience in financing in the industry sector and will help Argex to find the best solution.
My feeling is that if they can finance 100% by debt, they will do it. 
Roy appears to be a very carreful guy, he wants to pass the steps the RIGHT way and the goal is to produce Ti02 end of 2014 beginning 2015 (no choice now with PPG) . I think he mentions also that they would like to go on the TSX.
Otherwise during the assembly, all the team members seems relaxed and happy to be there. 
I talked with Ernesto few minutes and this guy is bright and sharp. He can pinpoint immediatly any issue on a process, solve it and improve it like nobody else. I am not worry at all for the BFS.

Almo