sprott refinancing, page-8

Couldn't agree more with ordinary1 and vidi.

The SPP at full take up can only raise around $4-$5m. I think CCU will be lucky to get half of this.

Even if they received $5m from the SPP, this will not be enough to cover Jan-Mar expenses + CBA $2.6m given the pitiful production in Jan-Mar qtr.

The Sprott "deal" is no more than a firm possibility of a definite maybe. And is irrelevant to trading through March in any case.

Suspect Sprott deal will go the same way as Pattersons.

Only winners in this 1000-cut death is management.