Morning mwatts
I believe the Pensador Angolan shares at US20.00 will remain static as the 1.1b is used to develop the projects. However at some future point CityView will enact the clawback option, (it has to otherwise the whole exercise will be pointless) eventually absorbing Pensador.
As this starts to happen, the true value of the investments and our joint partnership will start to be realized, in quite a big way.
The report should hopefully cover these points, but it might be a good idea to call the company with your query if you think it’s important enough.
I could be corrected on the above.
Cheers.
- Forums
- ASX - By Stock
- CVI
- you gotta love the clawback option
you gotta love the clawback option, page-38
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CVI (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online