Absolutely no capital raise to let the shorters of the hook. With the price of Lithium in the cellar there is no immediate haste to develop. The Money we have in the bank and the 100k tonnes forecast shipping for the year should keep our heads above water while slowly developing SDV which will add some funds as well eventually. When the tide fully turns I am sure we will be inundated with suitors again. I think James Bay will be well and truly in the frame when the USA auto's wakeup as well.
If the demand comes in earlier than expected and a capital raise is prudent it should be the existing holders who have first preference to participate.
DO WHAT YOUR OPPOSITION LEAST WANTS YOU TO DO. F#$k the parasites.
- Forums
- ASX - By Stock
- GXY
- what are the chances of a capital raising?
what are the chances of a capital raising?, page-50
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)