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Not the first time I've read "Post Office would offer."............. :)
savings, or investing in it............ for sure TC, Debs and even the channel tunnel have been mentioned before...........!
All the best (I guess 0.nothing % interest is what you mean ;)
No I cannot , I've All ready got tax man money , in ere , due January 31st 20b
Scott, you can do.
My very simplistic take is that if the bonds could have gone at 12% even though the warrants took it over 15% would that have really been the straw that broke the cammals back as far as JPM are concerned ????
Personally my gut feeling is we will end up well below 13.5 billion shares but that's only based on I don't think we need a black friday or a January sale just yet ...
I also don't hold the view that we are ripe for a cheap buy out because the current "false"M/Cap doesn't reflect what we are worth ! IMO
ffc
Wish I'd only bought in today
Afternoon FFC
"Well that’s me done asking a silly question !!!!! Didn’t like the only answer ..."
Not a sill Q at all imo. Very pertinant, it's what Fraser mentioned. Sorry you didn't think much to the answer, perhaps offer your own? It was just a modeled guess.....And:
"...believe he will be proved wrong again "
Little doubt I will! Pay no attention. However.............. there's no pesimism on my part in that thinking with proposing this may pan out with a total share issue around 10 to 15bn.
If with: 1/ sucess with gaining the ~$600m First Scope they then also :-
2/ acheive First Poly and Drive 1 with that cash + reserves in the stated timeframe;
3/ then get the Deferred Scope money from the debt markets (~$2.5bn) and complete the mine and;
4/ they start selling to full production at expected pricing and costs (all of which I think is doable).
Then eanings can be calculated as can what would be expected to go to those 10 to 15bn shares as a divi. I expect it would beat what the Post Office would offer.
Present sp pricing suggests to me the market is only giving a low chance of the co even getting past "1/". Fair? Or not fair?
What do you think?
ATB.
GK.
PS: friend of mine who has scorned (with glee at times) my interest in this co for many a year now - and you could say they were right to do so...considering. Well, they just bought in today.
I happen to disagree with his take on it and believe he will be proved wrong again , Read my history and you'll see that you are wrong too!
Well that’s me done asking a silly question !!!!! Didn’t like the only answer so come on Chris prove them wrong !!! Think we are in for a longer wait than I’d like so going try to add here. Gla
ffc