AB1 0.00% 18.0¢ abarta resources limited

In summary, proposed issue of shares to Yat Siu at this...

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    In summary, proposed issue of shares to Yat Siu at this meeting:

    Resolution 6: 38,298,973
    Resolution 10: 7,585,281

    Plus performance rights potentially totaling (shares):
    Resolution 7: 89,364,240

    Using the last traded price at Primary Markets, the company is currently sitting at an implied market cap of US$4.2b. So technically the first milestone could be achieved tomorrow. A capital raise that gets the implied market cap up to $5b to meet the second performance milestone is something that could happen in the not too distant future.
 
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Currently unlisted public company.

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