BAT 5.56% 1.9¢ battery minerals limited

Ann: Trading Halt, page-7

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  1. 3,387 Posts.
    lightbulb Created with Sketch. 1485
    What do they say about not shooting the messenger?

    Sorry but we already knew this was coming with the failure to get the unlisted options in the money.

    As @Copone notes, funds are needed to build a mine.

    I was actually asked to post updated analysis. I assumed a raise of $28.3M at 5.5c in that analysis for a share issue of approx 1.3B in 2019.

    https://hotcopper.com.au/threads/an...4186150/page-21?post_id=33049366#.WvoizBZ_WaM

    At least it provides a checkpoint for Hartleys numbers. Their number is 21c, my number 23c.

    https://hotcopper.com.au/threads/hartleys-12-month-price-target-of-0-19.4190041/#.WvokfhZ_WaM
 
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