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Orocobre Ltd. Milton Qld OROCF



GREY:OROCF - Post by User

Bullboard Posts
Comment by Audax77on Jan 15, 2018 6:16pm
129 Views
Post# 27363300

RE:RE:RE:Any guesses on why the Halt?

RE:RE:RE:Any guesses on why the Halt?
All releases are listed here: https://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=ORE&timeframe=D&period=M6

It is a capital raise, of sorts. but tied with Toyota aquiring 15% stake in Orocobre at a 17% premium ($7.50 AUD/Share),  increased (25,000 tpa) phase 2 expansion and accellorated phase 2 expansion (commissioning in 2019)
Total carbonate production will be 42,500 tpa
10,000 tpa hydroxide plant in Japan going forward.
Bullboard Posts