BKT 0.00% 5.9¢ black rock mining limited

Ann: Special Mining Licence Awarded for Mahenge, page-8

  1. 29 Posts.
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    Hi guys
    I’ve been following BKT for a little while and am really liking the company from the research that I’ve done. It seems we are all waiting on debt/financing now before we finally move into construction. Is anyone concerned about the amount of dilution we shareholders will face?
    Project Capex is around $116m, they have about 25m in the bank? Debt finance they are aiming around 50-60% and then the rest will be through capital raise. Capital raise will dilute us quite a bit, so my question is what do people think will our market cap will be like once we head into production?

    Cheers everyone!
 
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