"{ Under the terms of the sale, Otto will receive 14,272,592 shares in Pantheon Resources Plc (London Stock Exchange: PANR) in exchange for Borealis Alaska LLC. The shares will be subject to a lock up period through 30 June 2021."
" Establish the timing for a GC 21 mitigation plan to be developed and implemented (by 31
July 2021)"
Looks like we should be able to flog the PANR shares after June 31 to help pay for the GC21 remediation, if required.
At current PANR sp 35p, and current FX, our PANR shares are worth USD6.8m, AUD8.6m, 0.2cps
Success case, PANR sp goes to 100p, equates to USD19.4m, AUD25m, 0.5cps for Otto
Failure case, PANR sp drops to 20p, equates to USD3.8m, AUD5m, 0.1cps for Otto
"{ Under the terms of the sale, Otto will receive 14,272,592...
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1.3¢ |
Change
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Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $11.30K | 928.9K |
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| No. | Vol. | Price($) |
|---|---|---|
| 9 | 12178633 | 1.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 14057138 | 21 |
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