SRL 4.24% 61.5¢ sunrise energy metals limited

Possible US/Europe Financing of CLQ Heating Up, page-10

  1. 862 Posts.
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    "CLQ will do this by issuing a partner new shares in a CLQ subsidiary, which owns the mine (not Clean Teq Headco). Because they are investing the money in the project like an earn-in, they actually need to invest more than 50% of the NPV (assuming that is the agreed ‘price’ or ‘value’) in to acquire a 50% interest".

    How do you know this T.E.P? Does the subsidiary earn the income from the mine and pay a dividend to its shareholders like the partner and CLQ Headco?

    I have been thinking it seems to me that it is widely though the market is due for another correction probably in the next 6 months. Hence people like Buffet are holding off buying stocks. If I was Elon and the other suitors I would not be particularly motivated to conclude negotiations for a deal in the near term. I get the impression RF is a tough negotiator.
    I bought in 2 days ago but anticipate a wait.
 
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
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