Without them (ShanShan) the max the company can raise is a$17.3m. Is this not the funniest capital raising ever?
Or does Nemaska still hold that crown with their Pallinghurst "discussions"
Time to edit page 4 of the presentation?
A$21.5 million capital raising doesn't ring true and might be considered misleading as ShanShan have informed the company that they are unable to participate.
Well on the brightside, it isn't my hard earned on the line.
@Egeria that $17.3 million would be reliant on a 100% participation, which then reverts to an earlier question I had of which is, if the share price is currently 5.7 cent, why would anyone participate at 6 cents even if they were the most staunch of supporters and could see everything rosey on the other side.
Thanks for your post, you probably won't get many likes or great analysis, but I think it was one of the best posts I have seen in a long time and ticked all the boxes for a lightbulb.
