'Hypothetically, one potential deal could be a strategic investor taking a 10% placement in St George for $10m. We are continuing discussions. With the nickel market tightening, I think our chances of striking a very good deal – if we choose this route – are improving.'
Strategic investor taking 10% stake in the Company certainly sounded like management's preferred option to raise capital moving forward, especially if it's done at a premium which sounded likely by that above statement.
Q&A, page-12
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
