qgc takeover, page-3

so BC or QGC
has paid 13.5 million for the company

and its first share of the drilling expenses 4.5 m.

18 odd mill to get a foot in the door......Not bad.

18 m for 20%
72 m for 80%

63 million shares ,13 million cash = $0.18

250 mill shares, 72 million cash= = $0.29

and that isnt even taking into account that there 18m didnt buy them anything more than a return and a commitment to payout funds. It gives them no real control or say in where we go.

I can see some serious share price movement when a new direction is put in place.