BCI 1.09% 23.3¢ bci minerals limited

It's hard to predict how the market will take this. From the...

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    It's hard to predict how the market will take this.

    From the positive lens
    • it massively de-risks funding and the big shareholders are already on board
    • the discount is small
    • no disclosure I have seen yet (from a quick browse of annoucements) of this being to address cost concerns

    From the negative side a raise of this size may raise eyebrows.
 
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