SEI 0.00% 2.9¢ speciality metals international limited

Ann: Mt Carbine Quarry & MLs - Sale & Purchase Agreement Update, page-60

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  1. 242 Posts.
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    Bin bin if you check back you will find we did have News in fact 3 days later we had an update with an open ended time frame ...but at least news.
    I can understand why the Company May be taking longer,I think they are trying to broker the best possible deal,
    It can be hard if you have Multiple players vying for a position. Also hard if your not wanting to go through a bank and pay upwards of 15% .
    The other thing is the Company is Reluctant to Dilute to achieve this.
    I have a question for all loyal holders who want to secure their investment.
    1) would you be prepared to participate in a SPP ,if it was to bring this into Production.
    After all the only Dilution then would be within the current share holder base.
    If not supportive of a SPP or Placement ,then it’s reasonable to allow them what ever time they need to achieve a funding package that enables us to go into production.
    Personally if they ask me to contribute to funding instead of financing I would if it was to ensure we went into production.
 
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