GW1 0.00% 5.7¢ greenwing resources ltd

Ann: Bass to acquire 100% of operating Graphite Mine-BSM.AX, page-46

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  1. 10,002 Posts.
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    This is quoted from a Stratmin forum in the UK;
    "My contacts indicate the deal has progressed as expected through the necessary stages at Bass and is just waiting on one last regulatory sign off. I also believe there will be a complete package unveiled soon, which will include:
    - Bass full terms
    - Bass's full funding plan to demonstrate to market that all tranche criteria can be met
    - Stratmin will unveil a plan that will allow them to continue listing as an ordinary company and transfer value from the sale back to shareholders. I expect them to remain in the graphite space"
    I think it is just the ASX sign off that is required that jonno07 alluded to earlier.
    Last edited by cazz69: 24/05/16
 
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