AUZ 14.3% 0.8¢ australian mines limited

Ann: Trading Halt, page-130

  1. 1,606 Posts.
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    I believe this scenario would be the best, not sure how likely it is to pan out though.

    - Funding package released, containing details of debt/equity split and also possibly what NAIF is doing
    - Production starts on the mine, using the funds provided by the debt
    - Equity component stalled as long as possible in order to let the SP rise and minimise dilution impact

    This would be fantastic, but I bet the people behind the equity component would not be too happy with such a deal. Obviously they want to get in at as low a price as possible, can't blame them.
 
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0.8¢ 0.8¢ 0.7¢ $9.72K 1.222M

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No. Vol. Price($)
23 4668584 0.7¢
 

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Price($) Vol. No.
0.8¢ 3941266 14
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