RE: Capital and revenue stream15 May 2024 17:46
If they've had interest, just enter an FSP, see if the sp rises in anticipation, raise as sp increases at various intervals, if they then got an offer for the Victoria assets alone, and it's a good one, they can decide whether to put it to shareholders and see? or keep it but then abandon the FSP, but the sp will have hopefully risen in the interim and they will have been able to raise more funds. That's what EUA did, and they didn't sell a bean, and had virtually no production either. Entering the FSP would be legit if they are prepared to see what interest they might get in say Victoria alone? If they got a very good offer for the whole company, well who knows, but that's unlikely of course, but yes, Victoria is a possibility, but why not make it public?