TSXV:FCO.H - Post by User
Comment by
AyuFanon Sep 10, 2018 11:24am
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Post# 28590202
RE:RE:Hey AlohaSteve
RE:RE:Hey AlohaSteveyou are correct about the methology, however, it is their assumption that they do 100% equity offering, however, in the report, they mentioned the financing could be :
"financing is expected to follow, likely in the form of strategic investment and offtake agreements
Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.ecs&postid=28584609#UgCvQWCqjPRGLTmT.99"
"Realistically, our base case featuring 100% equity is unlikely but eCobalt will have to deliver a compelling updated feasibility to ensure strategic partner participation.
Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.ecs&postid=28584609#UgCvQWCqjPRGLTmT.99"
therefore, worse case scenario is 100% equity financing @ 72c.