ccb, the Company has only received approval to issue a max. of $20 million worth of shares.
They will only have a CR if necessary. i.e. for working capital, an acquisition, or to develop a mine. If they are developing a mine or make a mega acquisition, then the share price will be way north of 1 cent when they have the CR.
Acquisitions are often paid for by issuing shares rather than by paying cash (or a mixture of both).... Think about it!!
Now is the time to be picking up quality assets in Europe...
- Forums
- ASX - By Stock
- buyers
ccb, the Company has only received approval to issue a max. of...
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)