LCL 7.14% 0.8¢ lcl resources limited

Ann: SPP Offer to Eligible Shareholders-MNC.AX, page-28

  1. 3,899 Posts.
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    While I do not completely disagree w some of the sentiment expressed I nitr this. Funds need to be raised because we do not produce yet. Therefore any raising regardless of the method will be a dilution to existing holders. Even if we get a LC JV there will be dilution. Do people think a partner is just going to gift us $80 million?
 
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