RE: Future7 Oct 2019 02:00
'Do I usually get it right?'
Does anybody?
The fact is sadly, the warning signs were always there, some folk did not see them, myself included.
What we are now left with is a 'Mess' a situation where we are all hoping against hope, that a magic Knight will come along and save us all.
Yes, the mine will be built that it is pretty much certain IMHO, it can be bought for a song sadly, but what will us poor up fronter investors get out of it? that is the question.
The only way out as far as I can discern, is that somehow CF, re arranges a piecemeal financial package, by subletting the shafts for x years, by raising finance on the basis that the shaft risks have been removed from the overall equation and finance is then sought for the rest of the build, that is a very tall order under the current economic scene.
Failing that, it will be a 'Partner', a partner whom sees this, as an opportunity to take ownership at our expense.