BAT 5.56% 1.9¢ battery minerals limited

Last I read Cherie Leeden was with MetalsTech. They had plans to...

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    Last I read Cherie Leeden was with MetalsTech. They had plans to spin out a Cobalt asset however I don’t think that proceeded.

    Funding gap and dilution seems to have been the main issue with shareholders. If there were better options for financing I don’t understand why they weren’t pursued first up. Wondering if they’ve actually been approached or if that’s just optimism.

    I still think that with the SPP they tried to allow retailers an opportunity to participate on equitable terms. Unfortunately market sentiment didn’t go as expected. Not sure if that was a factor in RCF changing their mind.
 
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