Cockatoo would have to be settled before the EGM so Resolution 1 could be voted on hey? (i.e. to enter a joint venture term sheet you would have to own all the asset)
Resolution 1 seeks shareholder approval for the ratification of 8,450,704 shares (Tranche 4A) and 5,633,803 shares Tranche 4B) at an issue price of 35.5 cents per share (total $5 million) that has been invested by Timeone to support Pluton’s activities on Irvine Island, and the parties entering into a joint venture term sheet in respect of the Cockatoo Island Project.
Cockatoo ownership would be a price sensitive activity that would have to be released to the market?
CK
PLV Price at posting:
14.4¢ Sentiment: ST Buy Disclosure: Held
