Correct it means SQM 20% of cost and Creasy 13% of costs.
But then have a think how those costs are funded? By CR yes?
The last CR done at 25c for $20mil to SQM diluted you and retails holders by about 26%. Roughly 80mil shares to SQM out of a SOI of 310 pre CR
How much more dilution to come ahead? Creasy and SQM can fund their % share of CR without being diluted as they keep pumping in the cash whilst small holders keeps getting diluted as the project progresses.
Thats the gist of this whole issue that most here do not understand or choose to ignore and abuse the ones calling out the truth of the matter.
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Correct it means SQM 20% of cost and Creasy 13% of costs.But...
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