SL1 0.00% 0.0¢ symbol mining limited

eyasi-wembere swe & pvd, page-8

  1. 1,068 Posts.
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    Yeboz, if you're heavily loaded up and don't fully know what's going on with the company you invested in.. That's a scary thought!

    SWE and PVD are going for the block as a 50/50 share split, with PVD paying for the first lot of exploration requirements. I assume this is because SWE will have an in country company listed on the exchange to give the party an edge and hence PVD is happy to fork out a bit more. Basically this scales SWE's share back to 32.5% as the SOGTL in country company will own the 50% but SWE will own 65% or thereabouts of SOGTL.
 
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Currently unlisted public company.

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