If they go for CR option, they wont wont to time their "out of. funds period" to be Sept, as thats when Togo decision is likely.
You could potentially get a double whammy - unfavourable Togo decision and low on funds. Imagine what that would do to the sp. 3 cents max.
Therefore a $5 - 6 million plus CR minimum. I think the intro of an major equity partner could be on the drawing table.
Above only assumes the Balkan sale is off.
Fortunately im cashed up.
- Forums
- ASX - By Stock
- proceeds from illegal source
If they go for CR option, they wont wont to time their "out of....
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BMB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online