Hi Arsenic, hope you're well.
Interesting you say this however I'm not so sure we will have a C/R? I know in the AGM the resolution astoundingly passed for the pre-app to raise 30m but do you think we will need it?
The last announcement was 340m complete package which is more than ample. I can't see why Iggy would want to raise upto 30m and dilute the stock if he is patient a few more months or whatever time frame and we can execute the 2 remaining loan sheets to go with the KfW finance without having to dilute.
I'm going to be very interested to see what happens and how much cash is left in the next 4-5 weeks in the quarterly report.
Ann: Altech - Stream Finance Facility Term Sheet Signed, page-70
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