Hey mate, you're forgetting the takeovers panel determination re: delisting being coercive to minor shafeholder. Specifically their instructions on future funding. I don't think they'd get very far trying to push us into a mountain of debt. One would hope ASIC would be hot on their heels...
Although in saying that any offer that has us retain an economic interest in the mine itself would put us at a debt risk. However, the current offer of "to production" should be to exactly that. Board must ensure FMS is protected by project overruns that it has no control over.
Terms Sheet with BBIG and Bankable Feasibility Study, page-77
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Last
89.0¢ |
Change
0.025(2.89%) |
Mkt cap ! $183.8M | |||
| Open | High | Low | Value | Volume |
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| 91.5¢ | 4015 | 2 |
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| Last trade - 14.46pm 05/06/2024 (20 minute delay) ? |
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89.5¢ |
Change
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| Last updated 13.49pm 05/06/2024 ? | |||||
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