Congrats to Roly and Team.
This document is an outstanding achievement and puts FYI at the head of the pack.
The equity funding terms could only be dreamed up by a banker: they are generous to the counter-party, but given that FYI is ( ?was) a microcap, are even better than what Asculpeous expected.
Debt is THE DEVIL for a microcap- a ticking time bomb- but this allows FYI to proceed and some time in the future the generous terms will look smart.Equity is an Angel.
This HAS been worth waiting for.
Next catalyst will be off-takes, and knowing how Roly operates,off-take finance would not be a suprise.
Will a shell shocked market respond to these magnificent pieces of news? THere may be a "too good to be true" element, but as a long term investor, Asculpeous doesn't give a rats'.Work out some P/Es on the PFS EPS and we can see where the SP is going!
- Forums
- ASX - By Stock
- Ann: FYI Secures A$80M Funding, Delivers DFS & Upgrades Reserves
Congrats to Roly and Team.This document is an outstanding...
-
-
- There are more pages in this discussion • 90 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CCM (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.5¢ |
Change
0.004(6.56%) |
Mkt cap ! $23.36M |
Open | High | Low | Value | Volume |
6.0¢ | 6.5¢ | 6.0¢ | $7.848K | 125.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8093 | 6.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.6¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8093 | 0.065 |
1 | 52791 | 0.057 |
1 | 17500 | 0.056 |
1 | 83209 | 0.054 |
1 | 100000 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.066 | 30000 | 1 |
0.067 | 353737 | 1 |
0.068 | 59132 | 1 |
0.071 | 3000 | 1 |
0.075 | 12800 | 1 |
Last trade - 12.15pm 09/08/2024 (20 minute delay) ? |
Featured News
CCM (ASX) Chart |