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0.00% 0.2¢ metalicity limited

It all comes down to the EV that is applied to Admiral Bay when...

  1. hardrock
    430 Posts.
    lightbulb Created with Sketch. 31
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    01/04/18
    19:50
    Post #: 32161027
    It all comes down to the EV that is applied to Admiral Bay when it gets floated on TSX. All else is noise.
    If MCT drops AB in at EV $20M, then raises $20M cash to proceed then that's a min imho. MCT retains 50% of the listed co. Upside gets shared in exchange for risk.
    Now is prob the best time in the last decade to do a deal like this so go for it chaps.
    I'll be the first one to say well played. Even better if the numbers can go further in our favour.

    Hardrock
    MCT Price at posting: 3.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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