Many funding solutions on the table which will stop any dilution to shareholders and Mr T as he wanted to stay above 50% holding as one of his buy in conditions. Funding can be within Mongolia and/ or Forward Sales Agreements can be an option also.
BFS is the true sign of where this will go in value as I think they have many funders to look at and have some freedom of choice to lock in finance quickly after.
What I would like to know is how quickly they would move in the next few years to double the plant output to 5m Tonnes when they start producing cash and then you have a serious stock and dividend payer.
Only my opinion obviously
Many funding solutions on the table which will stop any dilution...
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Last
27.5¢ |
Change
-0.005(1.79%) |
Mkt cap ! $139.6M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 27.5¢ | $1.132K | 4.044K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35968 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 10611 | 1 |
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| Last trade - 15.45pm 01/11/2024 (20 minute delay) ? |
| AKM (ASX) Chart |