MEP minotaur exploration ltd
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Ann: Great White JV Technology Advances, page-17

  1. wombat777
    11,249 Posts.
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    01/10/21
    16:06
    Post #: 56505530
    Read the respective announcements when the Joint Venture was initiated for a high-level overview of the JV.

    I think if MEP were unable to contribute funds their interest in the project would dilute.

    https://www.andromet.com.au/assets/20180426_Poochera_Announcement_Final.pdf

    Screen Shot 2021-10-01 at 3.55.18 pm.png

    https://www.minotaurexploration.com...18/09/MEP_ASX_Kaolin-Farm-out_26April2018.pdf

    Screen Shot 2021-10-01 at 3.56.28 pm.png

    Note - I haven't been able to find "standard industry dilution formula" but I did find this example.


    https://media.apnarm.net.au/img/media/pdf/qnjv_agreement-iisygmpnieemt2y81m2.pdf

    Screen Shot 2021-10-01 at 4.04.36 pm.png
    Last edited by wombat777: 01/10/21
    MEP Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 29  Upvote
    lightbulb Created with Sketch.  Great analysis
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