Co. could raise the funds easily thru a rights issue, general loan, raising or from AMU but...
what if funding falls back onto the "major WA resource Company" as optioned within the term sheet?
Allowing for the fact that the blending facilities will become the property of the "Mining Co." with full repayment due to ARW then why wouldn't "The Co." simply put up the (petty cash) $1.5m by way of placement etc.
Is this why there's been nothing more about the previously discussed rights issue?
Wouldn't be a bad outcome for all concerned. One Andrew Forrest or FMG (or even BHP) with a decent stake and perhaps a seat at the board table?
DYOR
Co. could raise the funds easily thru a rights issue, general...
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.00M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 295619 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 80000 | 2 |
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| Last trade - 16.21pm 12/09/2025 (20 minute delay) ? |
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