AUZ 9.09% 1.0¢ australian mines limited

Has anyone really considered as to how this company is going to...

  1. 202 Posts.
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    Has anyone really considered as to how this company is going to raise the equity portion of the funding required ?
    Normally 20 % of overall project outlay given that lenders need to see owner skin in the game .
    So if the overall project cost remains in the 1 Bio range , just think about 200 MM $ raise on the equity side of things?
    Existing shareholders will be diluted by over 150 % at present capitalization irrespective of the method ( rights, strategic Investor ,Government or director )
    Thoughts ?
 
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1.1¢ 1.1¢ 1.0¢ $242.2K 24.04M

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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
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