I'm no accountant, but seems the ASX is worried about BMB running out of cash. BMB has confirmed there will be a capital raising -
3. What steps has the Company taken, or what steps does it propose to take,to enable it to continue to meet its business objectives?
As noted in point 2, the Company will seek to raise further capital in the short-term.
Some further dilution, but hopefully a positive result out of Togo will do much to mitigate any SP fall
I'm no accountant, but seems the ASX is worried about BMB...
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