AR1 0.00% 16.0¢ austral resources australia ltd

Ann: Operational Update, page-17

  1. 435 Posts.
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    I believe you are correct about the dilution and I’m under no illusions that it could be pretty nasty. However I’ll remain hopeful we can wipe out a large amount of debt and keep dilution to around 50%. That would be a positive outcome from the current situation. Worst case scenario for me, is only a percentage of the debt gets wiped out and SP gets hammered leaving no room for future funding.
    The AGM will be interesting. Are they planning on screening it ?
 
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