RE:Timmins share float may reach 400 million/more financing John, alias, I know you're a troll, but Ana Paula should support a sizable debt facility. That alone would finance the project, but TMM would also be able to finance it, fully, from SF's cash flow. So I just don't see the need for the dilution you are suggesting. If you have facts to add to the discussion, do so.
This guy likes the company and is where I got my information on the debt facility supported by Ana Paula:
https://www.swissfunddata.ch/sfdpub/docs/fsm-3442_00_02-20161031-en.pd In the August commentary to investors he wrote, "The turnaround at Timmins Gold is getting traction with the new San Francisco mine plan being extended into 2023. The improved financial flexibility of the company clearly supports the development of its Ana Paula gold project, just adjacent to Torex’ El Limon mine. However, the current share price does not provide any value for Ana Paula which is currently brought forward to pre-feasibility and permitting. Based on the preliminary economics, Ana Paula should have a decent debt capacity (Timmins has no long term debt at this point), thus limiting the dilution risk for shareholders. The Fund currently holds approx. 3% of Timmins Gold and the stock has been among the best performers at the TSX this year."
He's a pretty fussy investor who really tries to go after the cream of the crop, so it's a huge vote of confidence when he revealed his fund was holding 3% of TMM's stock.