ALM 0.00% 0.8¢ alma metals limited

Ann: Investment by FQM to Develop New Power Projects, page-2

  1. 245 Posts.
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    Just had a quick look but looks good to me!!
    A 11 billion dollar market cap partner, looking after long term shareholders by allowing us to participate at 5.5 c and as they summarise:

    Working capital of $10m to be used for ongoing project development work at Mmamabula
    and Mmamantswe.
     No debt.
     25% carried interest in all future project developments at Sese.
     A world‐class joint venture partner with the ability to arrange finance at attractive rates.
     Clear path to rapid project development of one or more power projects in the region.
 
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