Blackham now cashed up, debt-free with solid turnaround strategy in place

Blackham now cashed up, debt-free with solid turnaround strategy in place

Reprinted from Stockhead.com.au

 

Special Report: Blackham Resources now has plenty of cash in the bank, no debt, a highly skilled new management team and a clear plan to leverage the Wiluna gold operation’s multi-million-ounce potential.

The new team behind Blackham Resources (ASX:BLK) has wasted no time in turning this once struggling junior’s fortunes around and it is already being reflected in the balance sheet.

The company received a strong response from shareholders to its recent recapitalisation, which saw it raise $52m in equity funding from some heavy hitting international investors.

Read the full article on the Stockhead website.



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