BKT 1.96% 5.2¢ black rock mining limited

Hello again. Interesting article. Looks like a US$320M financial...

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    Hello again. Interesting article. Looks like a US$320M financial deal for two modules that were priced in the eDFS at US$289m plus BKT is out of cash by 31/12/23 and needs working capital. Building two modules at the same time or whatever would probably save capital costs. A 33% of CAPEX equity raising I personally would price at 8 cents or near the current share price. This is looking more exciting & encouraging than merely a Module 1 start (because a large project reduces the shares dilution per earnings per share per module). I just got around to plugging the numbers into my spreadsheet. I like it.
    Last edited by GKeden: 09/10/23
 
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