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Ann: Agrees terms of US$30m debt & equity funding with RCF, page-54

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  1. mjp2
    7,772 Posts.
    lightbulb Created with Sketch. 32
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    03/05/18
    14:20
    Post #: 32860900
    surprisingly (not) there is a big difference between the hoped for outcome of raising equity at 10cps and having to raise it, quite possibly, at 5cps ...

    but, provided the EV market continues to pick up and BAT secures longer term contracts for Montepuez 1+2 and Balama ...
    then it's still good upside
    just with that next cap raise hanging over it right now
    Last edited by mjp2: 03/05/18
    BAT Price at posting: 6.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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