BAT 5.56% 1.9¢ battery minerals limited

Ann: Free attached options Supplementary Prospectus, page-10

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  1. 4,496 Posts.
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    gavgav im not sure how you can call the cancellation of RCF a good thing until we know what the alternative funding package looks like. My bet a new funder will not be as generous as RCF and why would they be with the companies current MC etc.

    The obvious and unanswered question about money is how much do we actually have, what expenditure has been committed to and how long will current funding get us.

    What will happen with the SPP will be the interesting piece i would imagine for the best interest of shareholders they would blow on and keep all the money they have obtained as this will be on better terms than any replacement funder will obtain. The $64,000 question is how many shareholders actually fronted up with their hard earned ?
 
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