Pathetic. Another week (or more?) of waiting. Equity raising. Also, how is this one not price-sensitive?
Further Suspension Update Metro Mining Limited (ACN 117 763 443) (ASX: MMI) (Metro Mining) wishes to advise that it is still not in a position to make an announcement at this time regarding ongoing negotiations with existing lenders of Metro Mining in relation to a potential bridge finance facility (Announcement). Those negotiations are ongoing and, to provide some certainty that it is appropriately funded in the short-term, Metro Mining is also progressing discussions with parties about a potential equity raising. Metro Mining expects that it will be in a position to release the Announcement by no later than Monday, 21 June 2021.
