CAI 0.00% 11.5¢ calidus resources limited

Voluntary or Not?, page-27

  1. 82 Posts.
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    @MTV - Money of Mine's daily release on the 30th implies Mark Creasy has a stake in Calidus and intends to IPO his stake alongside his other investments.

    Prior to this, an article was released stating Creasy was in advanced discussions to buy MQB's debt. If any of this unverified information is true, it would suggest Creasy has converted some or all of the debt into equity. This would mean pre-existing shareholders would be massively diluted but still retain an exposure to a hedge-free and (potentially) debt-free operation.

    We got until December to find out the details.
 
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