RE: pressure5 Apr 2019 12:54
I agree Addicknt that The Company will approach the Market at some point for ‘some funding’ but I strongly believe it won’t be anywhere near this level.
Hanwa bought 10% of Bacanora at 87p, having recently increased their original 5 year offtake agreement to 10 Years, and likely agreeing substantial further investment here they won’t be agreeable to dilution of their current holding.
My view is that with The Oman’s & Zinnwald news PS will not consider an equity placing sub £1.00.
Just my opinion. Up 11.1% & L2 looking good.
I’m certainly holding for £1.00 plus.