MNS magnis energy technologies ltd
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Optimal mining shares, page-20

  1. SteveSage
    3,242 Posts.
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    15/11/19
    10:26
    Post #: 41441196
    So it looks like Optimal gets 27.5m shares directly distributed to Optimal shareholders (so ~$2.6m on current MEY price).

    Any ideas how many Optimal shares were given to MNS shareholders (what was the conversion)?

    Seems like this leaves Optimal with a couple of tenements in DRC & Tanzania, but no cash.....how do they float this?

    MNS Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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