good luck. I tried that nearly 16 months ago before the huge trading halt. And warned the company was going into administration. Their reply was that Lind etc has finance and the situation was under control. WRONG. It is very hard to get time from ASIC and the ASX. You have no chance. We all knew this was happening. I thought more debt,but debt is stringent on capital raise which is fully underwritten for all tranches. (which is good) then we have a good chance of 90 mill debt. with cashflow should get them through stage two. Easy. I think there was a mistake in announcements that stage 1 needs capital raise of approx. $52 mill. and debt of $90 mill. (that is available if approved). This will be a back up for stage two. Law suits everywhere with this company and ASIC investigations. It will not happen as it is hard getting blood from a stone. Welcome to ASX small cap miners.
BLK Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
