SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tyc:> who wrote (49058)9/16/2007 1:48:49 PM
From: marcos  Read Replies (2) of 78419
 
When you're raising capex with equity, you want to do so at minimum dilution, which means as high a shareprice as possible ... even with debt financing it probably matters as much, because prospective creditors are going to look at the project's acceptance by Ms Market as one of their criteria [? - dunno, just guessing, it's one thing i would look at] ... also i think a lot of lenders would have an equity position as well, whether directly or through opts/wts/debs

In the takeout scenario, which is most likely with both Chesapeake and Metalline, it's pretty obvious that you want your shareprice to reflect some reasonable percentage of actual value before the first offer comes in? ... both ckg and mmg are worth upwards of thirty bucks a share within an eighteen to thirty month period, imho, and we're not going to get anywhere near full value on takeout without considerable chart improvement in the interim ... this doesn't have to mean by next week, but it does mean by next spring
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext