Majority ShareholderPlease correct me if I am wrong, but are Resource Capital Funds not destined to become the majority shareholder of Avanti? They have been the backers of the project since 2009 and (hopefully) know a lot more about the moly market than most of us. Furthermore, they have the right to backstop any rights offering so they essentially can fund the entire equity portion that is required if they so chose. The fact that such a well funded private equity firm is still "in the game" says to me that there must still be some value here.
jmho