I wonder whether VTR management will be willing to enter into a JV agreement with some major to bring Kiaka to production? That is another way to get the funds which is provided by a major, say $300mil..... in returns, the major will have offtake agreement in place for the gold produced at market prices with some discount. That way, VTR does not have to worry about equity issues and/or debts...... and more importantly, have the backing of a major.
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GLTA
Stockhouse.com: Taking
it to the street
