Also it doesnt take alot of putting together to see where Brendan is going with this. Ie 10 % extra placement plus existing 15%. In my opinion he's fishing for a big JV partner, who will supply offtake finance or a friendly take over.
Apparently there's lots of outside interest as being the 5th largest colbolt resource would make it a real target as most of the others are all tied up.
Low capex in a mining friendly country outside the DRC just adds licing on the cake.
I will be very interested to see the final figures in the SS especially the start up size and capex.
I think the final share total will be around 1.2 to 1.5 fully diluted but maybe we wont see it mined under our name.
All the best to all holders.
Hail CLA the next Empire.
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