VUL 2.45% $3.76 vulcan energy resources limited

News: VUL Vulcan Energy Resources Says Launched Final Phase Of Its Project-Level Financing Process, page-9

  1. 38 Posts.
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    Hi Team,

    Just trying to clarify the announcement. So we have announced some big banks and company's that want to finance our project? When they say 1st stage of the process is complete. We are still waiting on approval? Which I know will happen and it means more great news!

    The second stage is dilution through investors? When they say 65:35 Does that mean 65% from the banks and 35% from shareholders?

    Cheers Coaltrain
 
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