Share price isn’t moving most likely because the next...

Share price isn’t moving most likely because the next announcement regarding the purchase of the quarry will most likely be dilutive and result in the issue of more shares at 2.5cents. So any increase in the share price above 2.5cents will simply be sold into. All in my opinion...

Binbin

Looks like market is assuming dilution. However equity raising would be the most expensive form of finance. Other options likely to be explored first. Corp note, Bank finance, vendor finance and/or off-taker finance. Even if equity raised, still looks very cheap based on potential.