Bitterly disappointed with the current situation. Hard to see a way forward.
My understanding though with regards to the debt you are referring to is a convertible note that converts into shares. Obviously would be dilutionary in terms of shareholders but they don’t need to find cash as you seem to be suggesting.
Ann: Nifty Copper Project Restart Financing Update, page-38
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Last
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $54.93M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.7¢ | 3.6¢ | $17.16K | 472.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 294725 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 169968 | 2 |
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| Last trade - 11.55am 01/10/2024 (20 minute delay) ? |
| CYM (ASX) Chart |