Yeah, that's confusing AF if you haven't followed their story.
I reckon 1:4 shares for the new entity would be a good number for the spin off myself. 200 mill shares for FFX holders.
Obviously the new partner and other investors to get a bunch depending on their input.
The other African mob reckon they'll manage development with only 30% equity finance. Let's call that BS for starters and say 40% equity and 60% debt finance is possible. So maybe we need partner to chuck in say $100 million for capex. What % of the project do we give them for that I wonder?
Lets hope BB is involved in that deal process and sees every $ given away as his own.
- Forums
- ASX - By Stock
- FFX
- Ann: Intention to Demerge Goulamina Lithium Project
Ann: Intention to Demerge Goulamina Lithium Project, page-196
-
-
- There are more pages in this discussion • 82 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FFX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online