The CR is no surprise and it looks like AMAL is also doing the same. No doubt they had investors banging on the office door for an opportunity to come on board after news of the offtake was released by Burwill. If there is any shortfall in funding costs before now then it will be completely removed with this raising.
It would be interesting to see who will come on board with this raising. Separate offtake news for the Ta component as well should also be something to look forward too.
Haplo
TAW Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held