Well - there is 33% of the current market cap just there!
Makes the gold ounces look incredibly cheap and also there will now be significant squeeze for seats at the shareholder table. All those smarties who were content to whittle the share price down in search of a cheap capital raise and big lines of stock will now have to scramble to get their seat at this table. Great outcome and one that should fire up the share price over coming days and weeks.
BRB Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held