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6.3¢ black rock mining limited

dude u have no idea they got to raise money for the CAPEX, which...

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ddzx

37,911 Posts.

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28/12/22

09:24

Post #: 65455835
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Originally posted by dbd25 ↑

But why would they need to raise money again so soon after the last raise last May ? That money was for early works and ordering long lead items. Isn't that what they are doing now, or in the near future ? They still have $20m in cash.

Black Rock Completes $25M Placement
Proceeds from the Placement will be used to strengthen Black Rock’s balance sheet, advancing the development
of the Mahenge Graphite Mine, including early works programme and the purchase of long lead items, and for
general and corporate purposes.

All IMHO, DYOR

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dude

u have no idea

they got to raise money for the CAPEX, which will have debt & equity components

Last edited by ddzx: 28/12/22

BKT Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 6.3¢		Change -0.001(1.56%)		Mkt cap ! $78.83M

Open	High	Low	Value	Volume
6.3¢	6.3¢	6.3¢	$25.41K	403.4K

Buyers (Bids)

No.	Vol.	Price($)
5	69569	6.2¢

Sellers (Offers)

Price($)	Vol.	No.
6.4¢	37500	2

View Market Depth

No.	Vol.	Price($)
5	69569	0.062
4	217370	0.061
2	505000	0.060
2	171730	0.059
2	70980	0.058

Price($)	Vol.	No.
0.064	37500	2
0.065	154548	2
0.066	595828	6
0.067	77139	2
0.068	332607	2

Last trade - 15.56pm 16/05/2024 (20 minute delay)


Last 6.3¢			Change -0.001 ( 1.56 %)
Open	High		Low	Volume
6.3¢	6.3¢		6.3¢	54300
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