EMR 2.86% $3.96 emerald resources nl

raising of capital...

  1. 487 Posts.
    Hi Guys,


    I cant see anywhere in the reports that says anything about issue of 515 mill shares?

    I can see the issue of 125 mill and a further 15 mill to Palegic

    It says in the report that Pelagic will offer access to capital..

    Perhaps a finance facility for the 10 mill portion of the consideration

    If that occurs then total shares on issue will be 410 mill

    If the deal goes down that way I would be very pleased, rather then having raised the funds through more dilution of the stock....



 
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