So just quickly, the new venture in Mongolia is planning to list on the ASX, with 100m shares issued to GCN holders being 10% of the capital of the company. Therefore, a billion shares upon listing. $4 million to be raised via prospectus. Assuming 20c issue price, that leaves 700m shares elsewhere. Sounding a lot like the P1 model. Where is that at by the by?
details are out, page-5
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