CDCase and all. I many be wrong (have know to be) but I actually think that this raphia play stacks up and is an earner. In that respect they would be able to get 'regular' finance without any shareholder impact I would imagine. Companies don't always need to go to shareholders for every investment. If its simple maths and clear cash flows then its unlikely to effect us.
Look. Their own recent announcement even mentions…
"Agreement to acquire 25% initial stake in producing graphite mine (subject to finance)"
SUBJECT TO FINACE
Maybe din't get worried just yet.
Think this may well be going up soon enough look at the lower trend level last 3 months. Looks like we are sitting on it. Didn't want to close at that old 0.9c yesterday did it ? ? ?
JFI
Capital Raising, page-3
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4.6¢ |
Change
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Mkt cap ! $10.86M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 84252 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 68518 | 2 |
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