i did suggest a capital raising was coming but got bagged for my "negative comments". anyway, it is here and by my calcs at ~25cents per share (31% discount to last price). good news is that funding risk is removed so onwards and upwards.
Dec 13 (Reuters) - Zhejiang Huayou Cobalt Co Ltd : * SAYS UNIT INVESTS A$10 MILLION ($7.56 million) IN NZURI COPPER LTD FOR 14.8 PERCENT STAKE, WILL BECOME NZURI'S SECOND BIGGEST SHAREHOLDER Source text in Chinese
NZC Price at posting:
36.0¢ Sentiment: Hold Disclosure: Held
