PROJECT FINANCE

Stokes-backed BCI raises for Mardie momentum 

Third largest shareholder issues convertible notes to support critical path work at salt project

 Progress at Mardie

Progress at Mardie

The notes have an initial conversion price of 43c, in line with the 2021 share issue price, and at a 62% premium to BCI's closing price this week, with a conversion floor of 18c. BCI needs the cash...

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