Corporate Outlook
A key focus for Altura is the strengthening of its balance sheet to ensure it is appropriately capitalised and ready to take advantage of the improving fundamentals of lithium and the wider EV market. The Company is currently engaged with several parties to pursue these options, which include both debt and equity
discussions, via its appointed adviser Azure Capital. Altura will continue to update the market in relation to these matters as they evolve, however notes that no transaction is guaranteed to occur.
I do like the sound of this^^ hopefully a new debt facility at a lower rate while the fundamentals of lithium are improving.
Glad cheers!
AJM Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held
