Marathon Gold Corp T.MOZ

Any opinions..................

[BGraham2]

..................... on how large the upcoming equity component of project financing needs to be?

The number of shares to be issued is darn near double what would have been necessary a few weeks ago.

Though MOZ has decided to not go the EPCM route to take advantage of expected cost volitility in construction inputs - they can only wait so long to stay on the planned road to production by (2024 is it?) .

Timing is everything - the equity raise is gonna smart if its done at current levels. Is there a creative approach for MOZ here or is a big dilutive share issuance unavoidable?

[metalhead666]

They will have to raise but not for a while...maybe a year. I'll bet you that by then both gold and MOZ will be materially higher.  There's always the option of selling a stream or a combination of equity raise and stream but they are not even thinking about any of this now.  They want to get the resource update out in the next couple of weeks, continue with the site work, wrap

[Ridgeback]

I would agree no shares issued. With the financing strategy they have in place this should see them through until next year. Hopefully by 2023 all this market turbulance has calmed down? Tomorrow should be interesting to see if the US raise interst rates or they see the consumer market is going to the dumpster. Perhaps a rough road for a few more quarters? I'm guessing interst rates are going

[kikker01]

0.75 %. Inflation and flat to down gold prices are making gold mining stocks less attractive, but nothing is at the moment.