VAN 0.00% 4.7¢ vango mining limited

overview of ord - huge potential, page-51

  1. 37,911 Posts.
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    i do not even know how much of this project ORD will own?

    will ORD be involved in the IPO?

    for example, currently ORD has 500m shares & options on issue

    if ORD was required to raise 49% of $200m in an IPO at 20 cents, that would be another 490m shares

    the Alumina Project has always been and remains convoluted to me

    last year I was under the impression SARCO were in a JV with Lao Service Incorporation Ltd (LSI)

    ORD have alot of shares on issue

    i have no picture how this is going to pan out?

    regards
 
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