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
$3.81 |
Change
0.190(5.25%) |
Mkt cap ! $2.494B |
Open | High | Low | Value | Volume |
$3.68 | $3.83 | $3.68 | $7.856M | 2.084M |
Buyers (Bids)
No. | Vol. | Price($) |
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50 | 234311 | $3.80 |
Sellers (Offers)
Price($) | Vol. | No. |
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$3.81 | 14242 | 9 |
View Market Depth
No. | Vol. | Price($) |
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42 | 235173 | 3.800 |
19 | 29921 | 3.790 |
13 | 50717 | 3.780 |
13 | 13705 | 3.770 |
12 | 142575 | 3.760 |
Price($) | Vol. | No. |
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3.810 | 24800 | 17 |
3.820 | 38976 | 27 |
3.830 | 17289 | 12 |
3.840 | 20208 | 10 |
3.850 | 12798 | 10 |
Last trade - 15.26pm 27/05/2024 (20 minute delay) ? |
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Last
$3.79 |
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Change
0.190 ( 4.25 %) |
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Open | High | Low | Volume | ||
$3.70 | $3.82 | $3.69 | 436562 | ||
Last updated 15.45pm 27/05/2024 ? |
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