Sorry, raising that amount now would triple the SOI, not double. A raising is an evil neccessity but has to be done in moderation and on an as needed basis. bringing in a JV partner early would be less funds needed to be raised but less of the project owned by current shareholders.
As Hlare wrote, that's a lesson they should learn from GBG.
- Forums
- ASX - By Stock
- up 27.59 per cent
Sorry, raising that amount now would triple the SOI, not double....
-
- There are more pages in this discussion • 10 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 MFE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online