M4M 4.55% 2.1¢ macro metals limited

Ann: Company Update, page-20

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  1. 4,687 Posts.
    lightbulb Created with Sketch. 599
    Can someone explain the below from the presentation:

    "An opportunity may exist for a small equity raise fromprivate individuals but the larger target fund raising of theremaining US$6-7m could be a combination of equity,convertible notes and other hybrids.Future investors understand the on-market opportunitiesto realise capital profits if the share price increases fromthe time of their investment to completion of the BFS andbeyond."

    A - we can't raise any money at the moment full stop.
    B - Huh?!?
 
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