Call from Vested Equities today?, page-245

auz thread lacks anyone discussing the details of how financing can or can't work relative to market cap / balance sheet , security and risk. this is paramount to the success of auz and the share price. mgt won't buy on mkt as they understand the stock will get smashed by dilution if they get funding whilst their job will continue for many years and pay themselves bonuses.

all this talk about industry , demand , supply and technical nature of the mine is not getting to the crux of the issue. small market cap and inability to secure debt as they don't have equity. any equity raised = massive dilution. GL with financing by 1 July (2019). others in the same boat. need govt to assist otherwise private sector or banks not interested