APG 0.00% 0.2¢ austpac resources nl

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  1. 2,451 Posts.
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    It really has become do or die now.
    I'm sure we've had opportunities in the past but it's now that we need one or we just fade in to history.

    Even if the next opportunity is heavily dilutive I don't believe we have any choice but to accept

    We can't raise in the traditional sense now as our share price is too low.
    All options are coming to an end.

    We must broker a deal with blackstone, Private equity owners of Ixom, or we are gone. We have a year of funds left to pay for city rent, Newcastle rent and other expenses and salaries. So the bottom line is make the deal however dilutive or die.

    Hope the boys know that.
 
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