Interesting intervieq with JDV on money makers which i found on twiter.
Throughout the interview it was discussed as if its pritty much 100% done from a posco $40mil investment in exchange for shares.
Can Posco take up more than a 20%? Or there a legal rwgulation stopping this?
If they did invest 40mil us for an additional 10% holdings on top of the 10% they currwntly hold, it would be around 150mil shares as 38cents.
also he discusaed bringin a a partner through black rocks uk holding company. Can anyone explain this a bit better and how it would work dilutiin wise etc.
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