TSXV:AUN.H - Post by User
Comment by
SilverPhDon Aug 06, 2020 7:32am
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Post# 31371172
RE:RE:Can someone tell me when they will start
RE:RE:Can someone tell me when they will start What are the odds that Aurcana doesn't close a debt deal and does a private placement for US $30 Million? Great question to ask management is what have they learned from La Negra and Shafter that they won't screw up R-V? By the way Aurcana, you're never going to mine Shafter so sell the project to someone who will mine it. You can use the proceeds to not dilute your shareholders to death.
lumpy13 wrote: Nope, not yet. Things have been delayed due to Covid delaying their debt raise. Would assume that with the PP they've just done, they can soon close the debt deal. Then they can make the capital commitments to put the mine into operation. My guess is that YE20 has slipped a few months.