I don't think it will be a capital raising - as Mozart rightly points out a sales of nickel assets obviates this need....it's testing my memory but i think BRM have already flagged this issue....
Time will tell soon enough, but I reckon this is something significcantly more than a cap raising.
Rockhile bore likely, but would not rule out a preliminary MOU with a CHinese co.....there is nothing stopping this being agreed prior to an infrasturcuture deal & a final resource figure....
BRM cld well have been made an offer too generous to knock back by a chinese firm
YML Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held