Australia's largest stock trading and investment forum Australia's #1 stock forum

BKT

Click for more information

1.67%

6.1¢ black rock mining limited

Ann: Suspension from Quotation, page-9

First 9 Last

Share
Profile

Follow
Magwheels5

522 Posts.

130

04/10/23

15:06

Post #: 70170682
Share

Originally posted by CapitalGains123: ↑

if they received any material communication from the banks that boards have approved the term sheets but paperwork needs signatories which will require a day or two. They would need to do a TH until the formal paperwork is completed and a release can be made to avoid any insider trading while this is getting signed up.

The other thing that we need to remember is in parallel with the financial institutions term sheets, BKT has mandated Macquirie to find other financing packages through partnerships or JVs at the project level. If this is in play, I suspect it won’t be as clean cut as the banks term sheets and might take a few days while final negotiations are concluded and binding term sheets executed.

To be honest, I would love it if it’s scenario 2 because that will solve for debt and equity in one go….fingers crossed

GLTAH

Expand

CG you could be right but management should manage it better clearly thats all im saying if thats the case. Know where debt parties stand timelines etc its not common to have a trading halt and then suspension or announce to market if no deal is guaranteed, and then suspend until it is. Corporate advisors and management should know this.
I hope scenario 2 comes true for all !

BKT Price at posting: 8.5¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

ITM

iTech Minerals flags high-grade rockchip finds, boasting one sample at +18% copper. What lies underground remains to be seen

ARU

Arafura updates on total US$1B funding as export banks and lenders take notice; heading toward FID for Nolans

Pilot Energy awarded $6.5M in govt funding for Mid West Clean Energy Project

DTM

Dart on-target for high-grade structures and multiple reefs at VIC's Rushworth

M4M

Macro Metals picks up 80% in Firebird's manganese plays; mining services operations to launch if decision to mine passed

There are more pages in this discussion • 2 more messages in this thread...

First 9 Last

Add BKT (ASX) to my watchlist

(20min delay)
Last 6.1¢		Change 0.001(1.67%)		Mkt cap ! $76.35M

Open	High	Low	Value	Volume
6.1¢	6.1¢	6.0¢	$85.09K	1.413M

Buyers (Bids)

No.	Vol.	Price($)
1	86126	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.1¢	88032	2

View Market Depth

No.	Vol.	Price($)
1	86126	0.060
4	955796	0.059
1	182758	0.058
7	273085	0.055
1	18500	0.054

Price($)	Vol.	No.
0.061	88032	2
0.063	135655	1
0.064	28900	1
0.065	45000	2
0.066	440492	3

Last trade - 15.45pm 23/07/2024 (20 minute delay)

BKT (ASX) Chart

SPONSORED BY