RE:hey jcnofluff wrote: As I saud many times. Jv in the books. Brian said they need 80 million u.s. to fund flor. That means they r not touching current or future gib bank account.
He mentioned they were looking at 25% jv. But now should do better. So way better is 15%. That is 30 cents for the pound deal.
That would b fine if the raker antied up there share of the mine cost. But I doubt it. Just watch. Oh sh will keep making cash on copper price. I have saw this more times than I can count.
nf
Actually, he said specifically that they would keep $50 million as operating capital for Gib and the rest can go to Florence.