ETM energy transition minerals ltd

Why Cridical Medals is Collapsing..?, page-226

  1. nro
    11,035 Posts.
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    Critical Metals Corp. acquired a 92.5% controlling interest in the Tanbreez Rare Earth Mine in Greenland from Rimbal Pty Ltd., in a deal valued at US$211 million.The transaction included US$5 million in cash and the remainder in Critical Metals stock.* UK+14greencarcongress.com+14NS Energy


    $211 million minus 87%= $26 million
    Add 5 million cash
    Equals $31 million
    Minus cost of development and holding costs Over twenty-five years approximately a $110 million
    Net investment loss $69 million


    https://hotcopper.com.au/data/attachments/6969/6969653-3796d39942deb8bf17e49ffd85ee3edf.jpg

    Wow what a horrible deal to end up with

    Last edited by nro: 30/04/25
 
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