JNO
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0.00% 3.0¢ juno minerals limited

I'm not sure we'll get a dilutive cap raise.... I would think...

  1. marky999
    673 Posts.
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    26/03/22
    10:20
    Post #: 60438169
    I'm not sure we'll get a dilutive cap raise.... I would think things will go one of 2 ways...
    (i) just decide they can't make money at these (& forecast) iron ore levels & all projects will go back into care & maintenance
    (ii) see a way forward to mining & making cash in which case I'd think it'd be debt backed

    At the moment the market continues to price for (i) imo
    JNO Price at posting: 9.6¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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