Its an interesting discussion. It is possible that the company is betting that .72% of the Bau interest will far exceed any dilutive effects to the company.
If you do some forward projections like some have done on these threads, just under 1% of the projects projected value may be far more valuable than the equity being exchanged. Perhaps there is a desire to wrench more control over the project before it enters more mature stages later this year (post pilot plant etc). Just my thoughts. The fact they are escrowed makes things comfortable for shareholders over the next year of what is shaping up to be a company-making journey
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Its an interesting discussion. It is possible that the company...
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