RE:To finance the 350M project ?andre171 wrote: To finance the construction of the 350M project, I think the market capitalization will have to increase significantly. In my opinion, TML needs +- US$100M of capitalization to hope to obtain acceptable financing, so at the current price of US.168 the current capitalization of US$31.5M + US$11M for Blackwolf Copper and Gold, i.e. US$42.5M, still needs to more than double, which implies either a share price that rises to US.40 (CAD0.54). Obtaining the permit for Goliath will be essential for a significant increase in TML's valuation, as is the case for permitted projects. Dilution will then be all the more acceptable if the other sources of financing negotiated are significant (share of loans, royalties or another source of financing). What do you think?
Although financing prospects have improved with the takeover of BWCG and Frank Giustra's (first) financial participation, I don't see many short-term catalysts for TML. I wonder if anyone on this forum is still interested in this topic, or are my posts considered null ?