"Glencore have offered Galan a finance pre-payment facility of US$70-100m, subject to conditions precedent being met."
Also non dilutionary.
Finance can come in many shapes and sizes. I think pre-payment under the right conditions is the best sort of finance a management team can secure for holders if it means the project progresses and holders maintain their equity stakes.
Ann: Investor Presentation - Bell Potter Unearthed Conference, page-78
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $175.5M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $168.7K | 1.324M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1071367 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 481044 | 6 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
-0.005 ( 1.57 %) |
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| Open | High | Low | Volume | ||
| 12.8¢ | 12.8¢ | 12.5¢ | 807462 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| AGY (ASX) Chart |