Post by
Tcheck on May 21, 2021 5:44pm
Martinrea good financial results but only a 1bn$ cie
Is it strong enough to back up gra ?
Comment by
DrJayser on May 25, 2021 8:03am
The need for equity should be at the low range of this this type of projects , all levels of gouvernment will be willing to throw cheap money at them. So yes , they are more than strong enough to finance this project.
Comment by
Lire02 on May 25, 2021 9:28am
Hopefully, we get Q3 numbers this week!
Comment by
DrJayser on May 25, 2021 8:18pm
MRE and GRA will need to put around 400M$, expect 800M$ in term debt with crazy good terms. So 200M$ each by 2023-24. it should be marginally dilutive to both by that time. GLTA