RE:RE:RE:RE:RE:Eldorado Gold likely to put Brazil project up for saleIt will be interesting to see if they move more quickly on the funding front then what the consensus suggests........................ I think it would be a strong positive shift if they announced a disposal of one of those assets..............$250 million plus more in the kitty would ............... good posts
Schoolofstocks wrote: They have two sites in Brazil. Vila Nova is the one with less value at the moment but for both sites they could get between $300 million to $600 million. They need to take sleeping money and turn it into working money. The next few updates from management will show a clear view on what's really happening regarding assets. If they can streamline their projects by selling those assets that would be fantastic. The fact that funds individuals are starting to comment on good things coming for Eldorado is the proof that they are looking to invest into the company.
goldsucks wrote: As I said before this would probably be he best case scenario. Get Greece permits and sell Brazil project. The only project ELD has in S.A. lots of $ to upkeep. Romania is close to Turkey mines so easier oversite. Any idea how much possibly they could raise from that sale?