CAP 6.00% 9.4¢ carpentaria resources ltd

bmg situation

  1. 1,960 Posts.
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    been thinking a fair bit about this.

    a positive pfs on hawsons should be the trigger for action from asi, hillam, bmg!

    if asi exercise their right to pay $105 million to take their stake up to 50% of bmg that should result in dilution to the private company but the monies should go into bmg coffers - not hillams.

    providing the third minority stakeholder then sides with asi, hillam can easily be removed as ceo or entirely from the board.

    seems an easy fix to me or am i missing something?
 
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