VAN vango mining limited

from speccy to mid tier producer, page-7

  1. 4,004 Posts.
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    Just thinking out loud here. I'd like to see ORD retain as much as possible in SARCO so what I'd like to see in the IPO is a listing of SARCO of 500 mil shares at 1$ a pop. ORD get 150 mil, NFC 150 mil, and then split the remaining 200 mil between various seed investors. That would be ideal letting ORD keep 30% of SARCO. ORD's market therefore would in that situation need to be above 150 million at the bare minimum,as they would literally be holding 150 mil in cash on paper saleable at any time.

    I must stress, this is just the IDEAL outcome of the IPO structure for ord AND nfc and my views only, not intended as a ramp or advice only a discussion point as I would interested to know how others think the IPO might look?
 
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