LKE 6.98% 4.0¢ lake resources n.l.

Ann: Trading Halt, page-249

  1. 1,810 Posts.
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    “What’s the story with the ATM facility?”

    Is the plan to first see what they can get with a CR before asking the shareholders to approve drawing down from the ATM facility?

    Can LKE progressively draw down all the available $206.2M in the ATM facility with shareholder approval across multiple meetings?

    Why wouldn’t the shareholders approve, what other choice would they have?



    https://hotcopper.com.au/data/attachments/6024/6024839-318afe25e7aaea81e6794c586b3299bc.jpg
    DYOR
 
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4.1¢ 760271 12
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