I would expect a fair chunk of the equity component will be raised via an off-take agreement for their copper. That is fairly usual these days.
The balance should easily be raised from an institution or two.
Who knows, there might even be an open offer!
Ann: Wetar Copper Bankable Feasibility Study , page-7
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Last
$4.47 |
Change
-0.330(6.88%) |
Mkt cap ! $218.1M | |||
| Open | High | Low | Value | Volume |
| $4.84 | $4.89 | $4.46 | $894.5K | 192.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3502 | $4.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.56 | 524 | 1 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| FND (ASX) Chart |