Thats why they are completing a full underwritten capital raising so the shortfall in cash generation until things improve globally can be filled. Its no secret they are doing it tough but Glencore has given a very strong signal of support by underwriting the capital raising for $210 million.
The whole idea is to avoid C and M and ride it out.
breakout alert, page-28
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)