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Asume three friends who were in Senior position of mining Company decided to form their own mining operation to procedure Pure Nickel. They decided to raise equity through Aim listing and a loan of $100 M. They will transport the Nickel Ore to another location where the processing will take place using the acid-leach method. Their is a growing demand in China and India but they are also face with other alternative products which have the same use as Nickel and are cheaper. They incurred cost for equipment and other start off assets and also made provisions for environmental damages which they anticipate and are being confronted by environmentalist who believe that the mining operation will be bad for the environment.The expenses of the operation is in dollars but they desire to receive payment in pound Sterling.Questions:
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