Yes, what I find really interesting, is this - if there was a lot of interest in the financing of Battery Minerals, why did Battery Minerals management choose RCF as a financier on pretty onerous terms, with associated capital raising completed, and even then RCF rescinded - which has turned out to be almost a company-destroying event. Why wasn't proper due diligence and capital markets investigation completed in the first place? Why didn't the management of Battery Minerals have a comprehensive financing plan in place? Why is the financing plan being put together now? In my mind this is ASIC basics (i.e. for when the class action rolls in), however we seem to operating in a "wild west" type environment with respect of Battery Minerals, at present - maybe not for much longer.
BAT Price at posting:
3.1¢ Sentiment: None Disclosure: Held
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