Surely 100m is way too high / necessary for CR. Better to raise less now and more later on when price is higher/or fund via alternative means to minimise dilution
Next tranche payment - US$15m (~$22m AUD)
2H23 drilling - 10m?
Phase 1 plant capex ~$30m (estimate based on one of Alastair's interviews) - presume some of this could be funded at a later stage / via alternative funding options (e.g offtake pre-payments).
I reckon ~35-40m needed max with rest from offtakes/alternative options
Ann: Trading Halt, page-17
-
- There are more pages in this discussion • 83 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LIN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.5¢ |
Change
0.010(9.52%) |
Mkt cap ! $132.5M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.5¢ | $161.2K | 1.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1942 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 465936 | 7 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LIN (ASX) Chart |