Replies to post #19589 on Sino Agro Food Inc (fka SIAF)

[Andrew26]

Obviously, it will be important if we get that bond financing or not. If we do, I think it will be the biggest catalyst of all since it will be a major confidence boost.

If we dont get any bond, it will first be a tad of disappointment after it was discussed and of course we will have several deals done next year. Since Solomon doesnt really care at what PPS he issues the shares but only goes for the money he planned, it will be very important at what PPS we are next year. Hard to estimate what plans he has for 2013 when it comes to financing from shares/bonds. Do we have any hints on this?

[viking86]

Does anyone know what Solomon said re. equity financing needs in 2013?

I seem to remember having heard something like $13M or 10% of 130M capex for 2013, maybe in this year's Stockholm meeting? If so, a $15M bond would be all we need. If it doesnt work out, he still has 16M shares in the A/S he can use for that purpose although that should clearly be only a backup plan.