Post by
RusticHit on Mar 08, 2022 11:03am
Financing
Looks like Financing deal in works ???
Comment by
fundinvestor on Mar 08, 2022 11:22am
No way. This company is going to be heavily cash flowing. Even with Phase 2 doubling of expansion plans. At this K2O pricing levels all producing groups are making super profits. And with Russia, it this situation many be a multi-year phrase. Pretty unprecedented. Zero chance of a financing.
Comment by
gasguzzler on Mar 08, 2022 11:38am
It would be surprising to issue a news release on Feb 22 to let shareholders know they are exploring ways to share profits with them i.e. dividend and then turn around and dilute the float with a financing two weeks later but I am just getting to know this company.
Comment by
fundinvestor on Mar 08, 2022 11:45am
This group has always been incredible at limiting their share capital. Not that they are cashflowing there is no reason to expect this to change. Quite the opposite.
Comment by
rodrabal on Mar 08, 2022 11:54am
There is no share delusion for there expansion. It will be financed from profits and financed from a Brazilian bank. Read there news report!!!!!