GBE 0.00% 3.7¢ globe metals & mining limited

Ann: Entitlement Offer to raise up to $8 million, page-59

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  1. 37 Posts.
    lightbulb Created with Sketch. 4
    I'm wondering about the wording in the presentation.
    (Time table for capital raising)
    First
    Decision to Mine (or not)
    I think the decision to mine contains a no, so why double.

    Second:
    Addional funding might be required...to proceed with Phase one.
    You make a capital raising of 70 million based on PFA and three month later you need more????

    For me These are clear signs that they want to sell...
    Maybe this is only my headache after the latest news and I fantazise a little.

 
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