- Ganfeng to acquire an up-front 25% shareholding in RIM by way of share sale and equity subscription leaving Neometals with 45% of RIM and MIN with 30% of RIM. Neometals will net approximately US$19.5 million from this initial transaction;
The above is the nmt transaction. What would gmm's 50 percent be worth once you subtract $7.5 million initial payment? How does it compare to current market cap?
Ann: Investor presentation. Multi Asset Rare Metal Development Co, page-7
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