Skrundarlow
Someone posted this earlier.... Looks to be from an email sent by the broker drumming up funds...
A report in AFR this morning confirmed that 3 brokers are seeking funds for the $11m CR
Key Points
·KNL is raising ~$11m via the issue of 47.3m shares at a price of $0.23/sh. This represents a 14.8% discount to the last traded price and a 19% discount to the 5 day VWAP.
·The funds will be used to;
-Examine the possibility of scaling up the Epanko plant from 40kt pa to 60kt pa ($5m),
-Commence a DFS for downstream processing including production of Battery grade graphite ($3.5m),
-Drill Epanko extensions to increase the resource,
-Start some pre development activities (water bores etc).
-Product marketing ($1m)
Ann: Trading Halt-KNL.AX, page-71
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Last
10.0¢ |
Change
-0.010(9.09%) |
Mkt cap ! $45.40M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $33.25K | 320K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 405001 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 70253 | 5 |
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| Last trade - 15.53pm 02/08/2024 (20 minute delay) ? |
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