EMR extended the loan facility from $13M to $16M on March 12th
BZ have drawn down $13.7M to date, $12M of which has been drawn down in 2024 - so quite a ramp up in costs.
Once the offer has closed - BZ will undertake a fundraising to pay back the $16m as well as fund ongoing drilling and exploration activities and working capital requirements.
No more loans from EMR, paid back in arrears - time to raise funds in advance now (as well as pay back the $16M borrowed) And I'm assuming that will be done by issuance of new shares (and dilution of non EMR holders who don't take up their rights). Last fundraising was 1 share for every 21 held, at 29c per share,
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- Ann: Third Supplementary Target's Statement
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Last
$3.50 |
Change
0.120(3.55%) |
Mkt cap ! $2.283B |
Open | High | Low | Value | Volume |
$3.48 | $3.54 | $3.44 | $5.989M | 1.705M |
Buyers (Bids)
No. | Vol. | Price($) |
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5 | 52978 | $3.49 |
Sellers (Offers)
Price($) | Vol. | No. |
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$3.52 | 7662 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 1315 | 3.480 |
2 | 1525 | 3.470 |
1 | 1315 | 3.460 |
1 | 1315 | 3.450 |
1 | 1315 | 3.440 |
Price($) | Vol. | No. |
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3.520 | 1315 | 1 |
3.530 | 1315 | 1 |
3.540 | 1351 | 2 |
3.550 | 18217 | 2 |
3.560 | 4115 | 2 |
Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$3.52 |
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Change
0.120 ( 3.25 %) |
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Open | High | Low | Volume | ||
$3.46 | $3.54 | $3.44 | 374735 | ||
Last updated 15.59pm 10/05/2024 ? |
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