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28/09/21

10:11

Post #: 56395628
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Originally posted by mystikal: ↑

you are all good.

to this i still believe that CR was mistake particularly at that time. I rkn if we didnt do the CR we would be $0.80+, i.e. euroz wouldnt have much to sell.

From a cash balance perspective we would have been fine with the safety net of $5m from option conversions and also down payment for the lithium. I rkn that CR would have been better planned for 2022 right before in lead up to the pre IPO of LLL and no need to do a SPP for lithium just all in specie at a higher FFX share price.

We will probably still get there but yea could have been better.

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I think the CR had to be done. Just would have been better to get some diversity in the brokers involved.

FFX Price at posting: 60.5¢ Sentiment: Buy Disclosure: Held
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