LKO 0.00% $1.00 lakes blue energy nl

Big ags,"Please excuse my ignorance, but why would they need...

  1. 1,074 Posts.
    Big ags,

    "Please excuse my ignorance, but why would they need another issue raising and therefor further diluting the share base ?. If they have a proven resource in the ground surely they could raise the needed funds via a financial institution."

    In better times they could, but with the financial crisis and all debt is harder to come by. Hence, another issue is likely IMO during the next 6 months or so. LKO is looking better, but commercial rates have yet to be achieved.
    DYOR
 
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