I just noticed my numbers are wrong. HRS is taking 17.2% of Mt...

I just noticed my numbers are wrong. HRS is taking 17.2% of Mt Adrah Ltd

So that gives .... SOC 72%, HRS 17.2%, others ~11% [Hudson holds 25.5% of SOC]

I believe the way it will work once the funds come in from the SPP is that money which goes into further exploration of Mt Adrah will be in return for more shares in the unlisted entity Mt Adrah Ltd. So after the SPP, the percentage ownership which belongs to SOC should increase.

This is off the top of my own head, I have not queried the company directly on this. However, given the way the company is structured this would seem the correct way to account for the funding. Bottom line is [if that is correct] the more support the SPP gets, even at this low price, the bigger the slice of pie SOC ends up with.