Do u not think it would be better for the company to have 10 to 15 million in the bank whilst negotiating finance post DFS ? if they don’t raise anymore as of now how much will they have come Q1 2020 , 2-3 million , ? A very weak position to be in whilst looking for 100 odd million in finance ,
Just my thoughts ,
Also , have we not been in this position before ? I think there needs to be another raise to create some sort of buffer for any drawn out negotiations or let downs .
Happy to be corrected
- Forums
- ASX - By Stock
- AVZ
- Ann: EmiAfrica commences Environmental and Social Impact Studies
Ann: EmiAfrica commences Environmental and Social Impact Studies, page-20
-
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)