Not fair but reasonable was how the agreement was
assessed.
At present there are
392m shares @ 3.3c =$13m market cap today.
208m options.
They still haven't issued the 150m shares and 150m options.
That's why it might seem cheap.
542m shares @3.3c = $18m market cap
358m options
That's for 51%
$25m commitment in exploration and $54m to buy the remaining 49%
Rmr should be a good trade.
How many shares by then,but lets not worry about that now.
Not fair but reasonable was how the agreement was assessed.At...
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