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5,792 Posts.
705
05/08/21
16:00
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But the announcement has been issued, why hold in suspension until 16th August 21, unless there is one specific to the capital raise this doesn’t make sense, they just raised $60m, and waiting for a pond to crystallise is not capital cost intensive surely
so they decided to increase their debt burden when they knew well that the expected revenue forecast was going to get impacted and delayed
this is outrageously unacceptable from management
I’m struggling to see why additional finance is needed
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