BAT 5.56% 1.9¢ battery minerals limited

Ann: Agrees terms of US$30m debt & equity funding with RCF, page-44

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  1. 9,142 Posts.
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    IMO, RCF is willing to lend/invest in the co.

    What that says to me is that they are happy with the market for the product.

    That is the biggest single risk going forward with a mining co.

    So IMO, strap in and weather the short term turbulence as we go to production!!

    Dilution?????? That is part and parcel of a mining co - it is production and profitability that will drive the sp!!

    A lot of unknowns but we are streets ahead of the many other aspirants in this neck of the woods!!
 
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