“Convertible note might look like debt in some ways, but then there are triggers… we were issued some more shares, a small amount of shares as part of that arrangement”
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Said on Australian Investors Podcast
Australian Investors Podcast · Inside Soul Patts’ EOS turnaround and NexGen uranium bet
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invested $250 million in NextGen (NXG) via shares and convertible notes
$250 million
“Convertible note might look like debt in some ways, but then there are triggers… we were issued some more shares, a small amount of shares as part of that arrangement”
“I've actually integrated all of my notes ... I took all of those answers and integrated it into the AI project to figure out what are the patterns ... reviewing over 250 financial planning meetings”
“We are also investing in innovative technology too, like a $4.3 million investment in SmokeBench, enhancing our camera-based bushfire detection technologies.”
“They get access to us via Voxer. And then we have a hub in Notion that we share with them. And then we're doing things in like four different platforms”
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