BAT 5.56% 1.9¢ battery minerals limited

Perhaps prompted (copycat style) by TON (not holding) putting...

  1. 3,387 Posts.
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    Perhaps prompted (copycat style) by TON (not holding) putting out the following release to market last week:

    https://www.asx.com.au/asxpdf/20190104/pdf/441p1s46w2f4df.pdf

    this is the page it is referring to:

    https://www.tritonminerals.com/graphite-market/about-graphite/graphite-price/

    They had $12.254M at end of last quarter and planned spend $7.348M implies they will have around $4.816M remaining at end of December.

    NB - I think at some point they said plan was to have $5M left at the end of the December quarter. I just can't find the reference at the moment.

    Also - recent director on-market top-ups at 2.3c would suggest there won't be a cap raise any time soon.
 
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