At the moment we hold 51 percent of the pie.
Post rights issue we'll hold around 25 percent.
And you think this is a positive scenario?
Have a think about what we have.
Around $11 million in undrawn credit facilities and cash on hand plus around 3 shipments of copper/gold owing to the tune of $9 million.
This rights issue is just a scam in my opinion that will only benefit Al Tasnim.
Look a bit deeper is my advice.
At the moment we hold 51 percent of the pie.Post rights issue...
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