FACT 90 million dollar financing comingThe previous $50 million financing was not offered to the public at then favourable terms.Those lenders are currently scre##d at the moment as stock has traded way lower since.
The future lenders will be looking for a far better deal. Financing
Discussions on financing alternatives for the Ana Paula project including project or corporate debt commenced during quarter. It is expected that financing for approximately $90 million of the total estimated $137.2 million capital cost will be arranged over the next six months,