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Re: None

Thursday, 02/29/2024 1:16:07 PM

Thursday, February 29, 2024 1:16:07 PM

Post# of 81119
Thank you for your replies.
I guess to be more detailed about my question. (in Millions as per the press release)
Company's projected CapEx expenses $112
Secured Capital from GP/LP ( $23)
Investment from city/state ( $18)
Investment from Singh ( $ 5)
___________________________________________________
Remaining $66 Million

My question remains the same. Do they retain the entire project and acquire investors and/or obtain debt to pay the $66 Million.
If they acquire investors, how much will that dilute the company's ownership? If they choose the debt route, as the project is to start very soon, have they secured financing? Will they sell parts of the project to 3rd party investors at a profit to cover the initial costs? I understand the project is to have a value of $192,000,000 upon completion, but what will be the company's share of that amount? There is a large difference between the company owning 100% or 10% These are all important questions to have an accurate valuation of this project. The project has to be funded in some manner