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niger and nwt

  1. 2,797 Posts.
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    just IMO

    NWT Uranium Corp through its holdings (32%) of Niger Uranium Ltd acquire Kalahari, which would represent 17.8% of the company

    NWT's stake in Kalahari would represent 5.6%.( 32% in Niger)

    Kalahari's principal asset is a 36.2% interest in Extract Resources

    NWT's subsequent interest in Extract is calculated at 2.0%

    Will NWT be happy with only 2% in EXT through Niger 5.8% ??????????? when President and CEO of NWT Uranium, believe that "the acquisition of a substantial stake in Kalahari Minerals provides Niger Uranium with interests in nearer-term potential uranium production and a diversification of its uranium portfolio into Namibia.

    IMO Niger will be knocking on back door again
 
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