EMR extended the loan facility from $13M to $16M on March 12th
BZ have drawn down $13.7M to date, $12M of which has been drawn down in 2024 - so quite a ramp up in costs.
Once the offer has closed - BZ will undertake a fundraising to pay back the $16m as well as fund ongoing drilling and exploration activities and working capital requirements.
No more loans from EMR, paid back in arrears - time to raise funds in advance now (as well as pay back the $16M borrowed) And I'm assuming that will be done by issuance of new shares (and dilution of non EMR holders who don't take up their rights). Last fundraising was 1 share for every 21 held, at 29c per share,
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Last
$3.86 |
Change
0.040(1.05%) |
Mkt cap ! $2.532B |
Open | High | Low | Value | Volume |
$3.78 | $3.88 | $3.75 | $5.242M | 1.363M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3136 | $3.85 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.86 | 9553 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3136 | 3.850 |
4 | 21625 | 3.840 |
2 | 5608 | 3.830 |
2 | 5608 | 3.820 |
2 | 5608 | 3.810 |
Price($) | Vol. | No. |
---|---|---|
3.860 | 4390 | 2 |
3.880 | 82113 | 3 |
3.890 | 5513 | 2 |
3.900 | 96754 | 16 |
3.910 | 5608 | 2 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
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