the creep provisions allow a company to increase their holdings by 3% every 6 months without having to launch a takeover.
its good if you are an ox predator
we should always keep in mind that STO have 35% equity in the project outside of their ESG holding so really, after 6 months, they can buy another 3% and then own close to 50% in the project
not sure they can control the resource with their bits here bits there structure but they will sure have a big say
the creep provisions allow a company to increase their holdings...
Add to My Watchlist
What is My Watchlist?