RE: Project funding to avoid dilution2 Jul 2025 18:15
Mr T
I cannot see this happening. Whilst there is a certain logic in that the ASX market can find development cost finance a lot easier than the LSE, CB is too proud and stubborn to let this happen - even if it is in shareholder interest. Such niceties have never troubled him. Any deal from BSX could be sweetened with deferred out-of-the money Warrants over and above the offer price so full value could - I reiterate could- be realised.
The advantage of BSX becoming the owner of H&G is obvious. CB is past his sell-by-date ( we all get there) and new enthusiasm and vigour is needed in BZT.
All said and done, I would imagine BSX are going to have their hands full and more with Mankayan and will not have the capacity or appetite to spread into Africaπ¦π¦.