the deal has been done at 21c (12% premium on 18.7c)
shame some idiots sold us below 20c in the last few weeks of june otherwise the deal wouldve been in the high 20s!
chinese 19.9%....pretty sure hes got a plan to make a shedload of money and great to have cornerstone.
company will now update debt component and reckon we must be close to fully funded to build mine.
once we are fully funded this thing is safe...full cost plus offtake on low strip open pit...we will make post tax $15m pa
might not sound huge but given mkt cap...in this market, great result!
21c
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