Sprott's expectations
Thanks to Ridge for posting that.
So, Sprott sees a fully-financed, fully diluted share count of 105 million shares, which implies an equity slice of 25 million shares as part of the financing package.
I'm having a little difficulty deciphering Sprott's sources and uses of cash, but I think, at 65% leverage they are expecting debt of $377 million. That would mean about $203 million equity, again, I think. If those numbers are correct, the implication would be a capital raise that nets $8.12 per share, gross about $8.50 per share re 6% commission.
If that can be accomplished, I'd be a very happy camper. Each investor has to decide how likely this unfolds according to Sprott.