TSXV:AAA.P - Post by User
Comment by
edxon Mar 12, 2014 3:25pm
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Post# 22315345
RE:Afreximbank financing criteria
RE:Afreximbank financing criteria
That is actually very interesting. If you take that supposed amount and add it to ICL's equity contribution (including warrants) that is enough to finance the mine + some additional working capital. That would mean no more dilution... and less than was originally expected because LMM and IFC chose not to exercise their right to maintain their % equity ownership. If this is how it pans out, I will be impressed.