We currently have over 2.8 billion shares. Bergen will convert everything at the latest when the financing is secured. Have enough time after the price exploded. We will then be alone with Bergen at about 3.1..3.2 billion shares. When SK get his options we are at 3.8..3.9 billion shares.
If the financing is delayed like all dates of Australian Mines what then? Bergen again? Capital increase at 2 cent? We can hope if Charles does not use the 3rd tranche and another solution is found. An eternity will pass before the financing is secured. Even if the financing is secured, we still need money for the operative business. Drilling Flemington... Drilling Tacka... Demonstration plant... If SK had wanted to avoid the whole thing and had really shown partnership, then they would have already used the shares at that time.
SK is apparently not a real partner but a simply customer. Ben is a beginner based on finances and investors. If this continues and the price falls further and further what seems to be happening right now because again the dates are not kept Bergen gets more and more shares.
SK will not take the shares otherwise you would have done it already to prevent the catastrophe we are in right now. Australian Mines is currently destroying itself. Maybe you should call the management or write that they understand that too. Because in the article the price has fallen so much because of the price of raw materials. No it started with Bergen and apparently the management hasn't understood that yet. I wasn't at the general meeting because
I'm not from Australia but apparently none of you opened your mouths? Everyone agreed to the deal. We will suffocate at the dilution. SK won't get in (then they won't keep 19.99% through the dilution anyway)
The good and praised Australian Mines is currently being driven against the wall at full throttle. I am no longer proud to be the owner of this company. Only disappointment. I'm looking forward to your opinion.
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