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0.00% 6.0¢ black rock mining limited

Worth a watch.Question for those more knowledgeable.John...

  1. Dmasonic
    1,010 Posts.
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    23/07/24
    10:07
    Post #: 74868744
    Worth a watch.

    Question for those more knowledgeable.
    John suggested POSCO will contribute a further US$40m (A$60m) and take their holding from 10% to 20%.
    How will that work? Surely POSCO won’t pay $A60m for an extra 10% of a company with a $A75m market cap? Will it be a mix of equity and debt? Just trying to figure out how it might be done and likely dilution.
    Last edited by Dmasonic: Today, 10:08
    BKT Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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