Lol @Clybigz. There wasn’t enough money for BCB to do any of those things you’ve said without them tapping the market and seeking debt relief. That’s why this all happened:
- 31 Mar: deferred two Taurus debt repayments
- 6 June: raised $50M
- 11 July: sold down 10% of BME
- 24 July: took on an extra $10.7M debt from Taurus
- 28 Sept: put Bluff on Care & Maintenance
- 29 Sept: deferred debt repayments for 12 months
- 29 Sept: issued $10M of stock to NHC to reduce debt
- 23 Oct: sought deferral of $21M of QLD royalty payments
- 2 Nov: now raising another $50M
But you do you and keep doubling down! haha
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