GCM 0.00% 0.5¢ green critical minerals limited

Ann: STRATEGIC INVESTMENT IN RED FOX RESOURCES, page-5

  1. 5,297 Posts.
    lightbulb Created with Sketch. 2259
    OK so we've bought 40% of Red Fox for $600k. RF is unlisted so it could be a stranded investment if it doesn't hit paydirt.

    Maybe the longer term play is to vend the other 60% of RF not already owned into CML for some shares in the future.

    Overall don't mind the sound of this development, but agree a CR might be in the wings.

    Hope RF's got money.

    Last edited by HomeBrand: 03/11/20
 
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