CXO 6.67% 9.8¢ core lithium ltd

Ann: Northern Territory's Lithium Valley Presentation, page-82

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  1. 3,577 Posts.
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    G’day Esteban.

    In Ann 29/8/2017 it says: “Yahua has agreed to a standstill period in which it will not...acquire additional Core securities for a period of 12 months from the last date that the placement shares are issued...”

    https://www.asx.com.au/asxpdf/20170829/pdf/43ltzsx34d9y3q.pdf

    Those placement shares were issued 27/11/2017

    https://www.asx.com.au/asxpdf/20171127/pdf/43pmmfhg5rh77m.pdf

    So Yahua should be able to buy more shares 27th November 2018.

    Note: this placement was at a price of 6c a share.

    During the year we did another raising with them at 5.3c a share.

    So come 27 November this year, if the SP is under 5.3c this year.......

    GLTAH
 
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