ORMONDE MINING - Re: ORM Stream Log - £50-80 million to open a...

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Re: ORM Stream Log
21:58 18/02/2015
Cornishknocker
0 replies 0 0

£50-80 million to open a mine of this size, it has to come from somewhere. If it comes from equity, thats reflects to give a better NPV, but conseqently everyone gets a smaller shareholding. there is always going to be major dilution in a project like this. If anyone doesn't realise that, they perhaps need to question whether they should be investing in junior miners....

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