OZL could do a cash and script offer of say $2 cash and 0.5 OZL share for each SFR share.
That would consume about $265m cash and increase our shareholding by 66m shares.
That would leave excess cash for mine development (SFR, P Hill and C), exploration at the 3 sites and still no debt.
HT1
long trend down, page-48
-
- There are more pages in this discussion • 63 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)