Hi Charter the observation from the recent Cash raise is Connocord have already sold all their shares...Up to 33 million odd trade on the first day within a tight band of 2 cents...While some have sold others have purchased with greater certainty since the relisting...
The conclusion is some never participated in the cash raise while others were only willing to participate post-relisting...
Looking forward to the next debt build that the company has been working on for several months...World Class project to be commissioned in 2023...US$1200 free cash margins per ton product while graphite pricing once again going higher...
Regards Croc (Lindi will be one of 2 projects coming online next year)
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