SL1 0.00% 0.0¢ symbol mining limited

Thanks for the links Slueth. Taken some deep breaths on this one...

  1. 98 Posts.
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    Thanks for the links Slueth.
    Taken some deep breaths on this one and made good coin on a couple of other energy stocks recently so losses on this are more tolerable!
    Re-read everything and facts are:
    -SOGTL is still alive.
    -They still have the asset albeit surrounded by wildlife in a national park!
    -If the Exotix share/bond issue goes ahead they must give/offer the old SWE holders shares under statutory law.
    -There are 92M shares on issue between SOGTL and old SWE holders.
    -30M new shares at $1US per share for existing shareholders = 0.32c US per share.
    -Old SWE holdings diluted by about 65% so new shares worth about 0.11c US per share.
    -The Tanzanian government is supportive (look at the AUD that have flowed into the country via us)!

    Please correct me if any of the above is wrong.

    Back to 8/1 on it all falling in place.
    All IMO. Cheers, Pos1.
 
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