Yes no dilution but if we pay US$15.5M for the extra 10% and then offer 10% up to get new finance it will only be beneficial if they can sell that 10% for more than US$15.5M, otherwise they will just be in the same position they were in before this deal.
Ann: AVZ to increase equity stake in Manono Project to 75%, page-52
-
- There are more pages in this discussion • 261 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)