ARD 4.35% 2.4¢ argent minerals limited

Corporate raid, page-8

  1. 37,911 Posts.
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    which shareholders? Oceanic?

    still strange to work out what is going on?

    Oceanic own 7.3% of the shares & 11.5% of the options, making it 8.4% fully diluted

    for the options to not be out of the money, the market cap would be $42M, which is very high for a shell

    so is Klaus joining for the current ARD projects? or is Klaus possibly doing a mate a favour to cause a change of ownership?

    why do these folks want to control ARD?

    the current resource is 75 g/t silver equivalent, which is 1 g/t gold equivalent (with silver usually having much lower recoveries)
    Last edited by ddzx: 28/09/17
 
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