HVY 0.00% 8.0¢ heavy minerals limited

Ann: Pre-Paid Royalty Mandate, page-31

  1. 507 Posts.
    lightbulb Created with Sketch. 129
    Going to ignore 99% of the fighting here


    But will add

    Yes financing is super hard at the moment given interest rates, loads of bad capital raises going through for explorers recently.

    Given that management/the board own a large chunk of the company I think it would be pretty clear why they may look at other funding methods outside of dilution ?
 
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