Hello. EGR making themselves look in a more favourable position than BKT. While I do not know the exact details, EGR have up to US$105M loan to (78%) finance US$134M in CAPEX; I guess it must be compared to BKT's US$231M in CAPEX with US$153M (66%) in various loans. Plus EGR did that AUD$54M capital raising at 60 cents while most people had mental illness during COVID. BKT is heavily diluted. I think raising the equity portion of the BKT CAPEX will be difficult.
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