What a crock...blaming retail for the slump in industry + APC share price
Now that the shortfall has been withdrawn, how does management propose to fund the project AND the company to FID????
Its only taken 5 months to raise a few mil $$$ ( raised $4.36m representing a 57% take up of rights ). Shaw and Partners and Canaccord didnt underwrite the offer and didnt take up the 3.8c shares while APC is trading at 2c but ... Oh thats right - its retails fault.
Where too from here???
-when is the FID ?
-whats the issue with project funding ?
-are we going back to resource expansion + DFS with the new tenement package ?
I notice the project schedule has had all reference to timing removed
this is what it used to look like:
This is the updated timeline
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- ASX - By Stock
- APC
- Ann: AGM Presentation
Ann: AGM Presentation, page-3
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