BAT 5.56% 1.9¢ battery minerals limited

Share Price, page-293

  1. 3,947 Posts.
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    most companies state and execute their funding strategy way before they start construction...whether they achieve their goals is another matter but there are many graphite companies that are in discussions around debt, strategic investors etc and publicly make that known.

    DF has started construction without the required funds to get the job done and has given no indication that there is a plan....hence the market is punishing the share price as it assumes an equity raising is a given and the company is going to be desperate when it does happen
 
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