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My understanding, correct or otherwise, is that the Ghanian...

  1. goatpointer
    1,733 Posts.
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    11/09/12
    12:02
    Post #: 10701165
    My understanding, correct or otherwise, is that the Ghanian Govt. own 30% past, present & future and this shareholding is in lieu of royalties. So when Lion Gold say they own 76% the reality is that they own 76% of 70% ie 53.2%.

    I would love someone to clarify this whole shamoozle.

    Like Colcom I'm very wary of LG.
    SBL Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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