Let the work begin !!
https://www.directbroking.co.nz/Dire...spx?id=3483620
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Let the work begin !!
https://www.directbroking.co.nz/Dire...spx?id=3483620
Good news - F&B aren't going to appeal and BRL have "agreed not do anything in its control to cause open cast mining" in the Denniston Plateau area
They are going to do a capital raising as the directors told me at the AGM. Probably a rights issue I think.....
^That would be for current holders only, is that correct?
I would pick that they will do a placement to institutions - and then either a rights issue or an SPP for current holders. Amounts and/or rights ratios will depend on how much they need and the investment appetite. That's what they pay the big bikkies to financial advisers to gauge correctly!