BAT 5.56% 1.9¢ battery minerals limited

wheres the finance ??, page-48

  1. 3,947 Posts.
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    I believe DF said there would be $5m left at 31 December.  Based on the amount of staff on the books now they will be lucky to make it to 31 March without needing more cash.  

    BAT have never been in a weaker position.  Add in some market tormoil and the leading competitor experiencing huge cash problems, DF will need a miracle to pull off a deal that doesn’t require issuing a few billion shares

 
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