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Ann: Cortadera Acquisition Nears Completion, page-110

  1. B85
    470 Posts.
    lightbulb Created with Sketch. 67
    Just my two cents, but I think we'll own Cortadera before the dual listing, and probably before end of year. I can't see them waiting until 2022 to push the button on this and they'll want to make a splash with full ownership rights before they list on the TSE. As far as money goes a few quick numbers show further dilution is likely to be minimal if all existing options are exercised:
    https://hotcopper.com.au/data/attachments/2896/2896191-58072399a1a71a5c3ae09e400255326a.jpg

    By mid 2021 Scoping study will be and conservatively 1/3 drilling complete. If we crack the magic 10c mark following some positive news we might only need in the order of $5-10mil to get us over the line depending on what options are exercised. People are seriously underestimating how close to ownership we are.
    https://hotcopper.com.au/data/attachments/2896/2896241-da36df17e474012be552079cef7b73b9.jpg




    DYOR GLTAH
 
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