AKE
Click for more information
0.00% $9.83 allkem limited

capital raising before xmas ?, page-7

  1. ML173
    9,591 Posts.
    lightbulb Created with Sketch. 310
    clock Created with Sketch.
    17/10/12
    20:07
    Post #: 10874005
    Don't forget more cash required to operate Borax Argentina and paying off purchasing price over the next 4 years. It required a significant capital investment for upgrading to bring BA to a cash flow +ve business.

    This explains why the SP doesn't do much after today financing announcement

    ORE Price at posting: $2.09 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

LU7 Discover the world of North American lithium chemicals with the "Dream Team"
right-arrow Created with Sketch.
NEWS Masson drilling completed - further massive sulphides intercepted
right-arrow Created with Sketch.
NEWS First paediatric clinical site activated – major recruitment milestone and key appointment announced
right-arrow Created with Sketch.
NEWS Biotech innovator secures $5.5M R&D tax incentive refund – major boost for cutting-edge programs
right-arrow Created with Sketch.
NEWS 8000 people have viewed this thread today!
right-arrow Created with Sketch.
NEWS Secured: $3.1M U.S. government contract for high-tech systems – find out what's next
right-arrow Created with Sketch.
watchlist Created with Sketch. Add AKE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.