Ann: Broken Hill Mines Acquisition & Public Listing Update, page-13

The vendor dictates the terms, isn’t that normal? With this raise, the instos are paying more to get onboard, and that can’t be a bad thing after listing? And with the vendor owning bigger percentage, they are more motivated to do well for the company, surely?

I am not too concerned about owning less of the company share with this change, as long as it means my shares are more valuable and likely to increase further after listing!

it’s not like we won’t get dilutions in the future anyways, but as long as the company is heading in the right direction, I don’t give a f if it means the vendor owns the bigger share.