CLE 0.00% 1.9¢ cyclone metals limited

News: Cape Lambert plans London listing , page-8

  1. 651 Posts.
    Correct me if i am wrong.
    My understanding is that that we as Cape Lambert shareholders would get all the money that is raised through the IPO minus any fees payable and will have no ownership of the newly created company after IPO.
    Any capex would have to be debt funded by the newly created company in my opinion.
    Our only interest in Marampa after the IPO would be if Cape lambert decided to have a stake in the newly created company as a corner stone investor.
 
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