AUZ 7.69% 1.2¢ australian mines limited

Ann: AUZ secures funds to accelerate cobalt and nickel projects, page-325

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  1. 1,462 Posts.
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    Splitting up the finance into stages would be fantastic if it can be pulled off. Consider this scenario.

    -Finance package planned out, SP rises as a result of an iron clad plan
    -First wave of debt comes in and gets the groundworks started, SP rises as building has begun
    -Final equity component comes in after the SP has risen, minimising dilution

    I think we all agree we do not want several hundred million dollars worth of dilution hitting us while we're at this low SP.
 
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