SBL 0.00% 0.1¢ signature metals limited

say yes to all, page-25

  1. 929 Posts.
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    Kev I couldn't possibly say what might be of benefit, especially at this point in time and I doubt anybody else could.

    Remember Lion have to have a General Meeting or Special General Meeting in order to approve the issue of approx 80m shares for the purchase of SBL. So that will mean dilution for all Lion shareholders in the future. Having said that SBL may not be too far away from a re-rating if they can achieve a commercial operating status.

    I think Alex explained pretty well earlier this week the possible scenarios/outcomes for the next month.
 
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