ROS red october resources limited

Just confirms my feeling that ROS is going to use current...

  1. 1,091 Posts.
    Just confirms my feeling that ROS is going to use current shareholders funds to buy this new asset. (i.e. ROS shareholders pay for and own 100% of the Silver project)

    Then spin it off so that current shareholders, having paid 100% of the cost end up with some random % of the new company.

    The directors then get to manage two companies and collect two lots of fees.

    I hope that the asset is significant enough to counteract the decrease in SP that could eventuate with a CR.

 
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