I'm not based in Melb, so couldn't make it to the AGM.
If anyone did go to the AGM and has feedback on either of these two questions, it would be greatly appreciated:
1. What is going to lift production from the current 140koz/month to 200koz/month?
2. Any indication on the form of the capital raise? They have set themselves up for a 25% share issue in the same form as the previous cap raise, but I'm worried that it will be a convertible note for Magna, rather than an underwritten share issue ...
CCU Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held