Correct.. this is not only our Share holding but also major Shareholding + Internal + LDA Capital
most important takeaway / Query from my side at least..
1. Is the Gold Bullion refined Or unrefined ? at what rate ?
2. we are getting Cash in the business which is 100 % of the Market Cap Plus possibility to get 5 times more Capital then current Market Cap.
3. if paying All By Cash then @ what % ?
i think this Deal is to return Gold Bullion and not Cash.. Basically deal for Gold @ today's price. so all future increase in Gold rates are the profit and Saving is Cost Of further refining the Gold. if they need Gold for Crypto then unrefined Gold is Fine i suppose..
Bulk Sample from Kat Gap was 6504 tons and first Gold pour from 989 tons.. thats only 15 % Ore processed.. may be same for 2nd Gold Bar...70 % more Ore ready to be processed.
i was thinking to loose 50 % of my investment and now i will make 2-3 bagger from this. Besides, after this announcement Today's Volume increased to 10 folds.. 35 Mil shares exchanged hands since morning (average daily was 2-3 mil)
DYOR IMO
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INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
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