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Generation Mining Ltd T.GENM

Alternate Symbol(s):  GENMF

Generation Mining Limited is a Canada-based exploration and development company. The Company's focus is on the development of the Marathon Project, a large undeveloped palladium-copper deposit in Northwestern Ontario. The Marathon Project is 100% owned by Generation PGM Inc. (Generation PGM), a wholly owned subsidiary of the Company. The Marathon Project is located along the Trans-Canada Highway in Northwestern Ontario and covers a land package of approximately 22,000 hectares. The Marathon Project is estimated to produce about 2,122,000 ounces of palladium, 517 million pounds (lbs) of copper, 485,000 ounces of platinum, 158,000 ounces of gold, and 3,156,000 ounces of silver.


TSX:GENM - Post by User

Comment by Y93H1979on Dec 17, 2022 9:43pm
166 Views
Post# 35178114

RE:RE:RE:This company

RE:RE:RE:This company Maybe I'm just preparing myself for the worst case scenario. 

What was the 100mill leasing package? I must have FF that part.

In my inderstanding the EDC package would be part of the debt package, which Endeavour has suggested the project can support $400 mil US. I was basing my numbers on Kerry saying the banks would require 10-15% of the CAPEX in equity. Hopefully management can find some creative ways to minimise the amount.
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