LKO 0.00% $1.00 lakes blue energy nl

lko - financial future ..., page-37

  1. 19 Posts.
    greggy2 Yes, agreed, but if all goes to plan, LKO will need to have another issue raising the huge number of shares on issue even higher. Also, the market cap is still a signifcant $65 million or so.
    DYOR

    Please excuse my ignorance, but why would they need another issue raising and therefor further diluting the share base ?. If they have a proven resource in the ground surely they could raise the needed funds via a financial institution.
 
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