BKT 4.26% 4.9¢ black rock mining limited

Ann: Black Rock Signs Conditional Framework Agreement with Urbix, page-32

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  1. 4,927 Posts.
    lightbulb Created with Sketch. 2785
    You need to get your nose checked and your eyes while you are at it.

    Do you not understand the significance of the announcement on Friday and potential serious value that can be added by way of market cap to the business upon finalisation of this option with Urbix?

    Why on earth would the company pull the trigger on another cap raise when they just filled the tin with $25mil recently at 24c and have the ability to finalise further offtakes, prepayments and debt funding prior to needing to solve for the balance of capital required to build the project?

    This is a quality project, with quality partners and management. They are not desperate for additional funding.

    Seriously...
 
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