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Ann: Suspension from Quotation, page-64

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PieChart

3,697 Posts.

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23/02/23

22:32

Post #: 66432762
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Originally posted by Deme: ↑

When JRV picked up Freeport Cobalt for US$160m - they brought Mercuria (one of the world’s largest independent energy and commodity traders with more than US$120 billion annual turnover) onboard via a US$40m equity raise. More importantly than that was the support Mercuria provided in a number of key areas - namely access to a funding facility for up to US$150m. These kinds of partnerships are critical for smaller players. It certainly helps that management have an existing relationship with Transamine. Right now - they need two things: cash + restore confidence. Sort those first and then worry about the remainder of the funding. But - yes - if they could swing it all with one partner - then great.

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Wow no wonder you deleted your cym posts on twitter. Literally saying how bad big brother deals were and now this is CYMs best case.

Last edited by PieChart: 23/02/23

CYM Price at posting: 11.0¢ Sentiment: None Disclosure: Held
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Ann: Suspension from Quotation, page-64

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

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Ann: Suspension from Quotation, page-64

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