MEP minotaur exploration ltd
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Ann: Great White JV Technology Advances, page-16

  1. Poss
    139 Posts.
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    01/10/21
    14:04
    Post #: 56501302
    Hey folks,

    I'm a holder of both ADN and MEP and would like both companies to be successful in the Great White JV. Let's say they both are happy to proceed with the 75:25 arrangement and for whatever reason MEP were unable to fund their portion of the costs, what happens then? Can ADN spend more to earn more ownership, say take it to 85:15? does MEP lose rights to their portion etc?

    Cheers
    MEP Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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