Received letter from PH2 today advising of Botala ASX listing and whether I wanted to partake in their IPO.
From my own DD and research it seems imo that:
1. PH2 will be coming into some significant funds once Botala lists on the ASX (~ $5 to $6 Million)
2. PH2 will still own about 19.9% of Botala
3. Ph2 will still retain a 30% interest of the Serowe Project
4. Ph2 is still being roughly free carried up to the sum of ~$3 million for the serowe project.
My thanks go to Rob P who imo most probably brought this deal about with Botala Energy.
Botala Share Offer
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Mkt cap ! $54.66M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $27.39K | 181.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 162300 | 15.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 75650 | 6 |
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