At today's exchange rate thats about £1.5m, or £150/m. Even if you say £200/m = £2m, with 55% equity payment (£1.1m) that's the equivalent of about 550 million shares @ 0.2p per share subscription price. If my maths is correct, 550 million shares is about 22% of the issued shares!!.
No there not buying any There doing the work for them and if they dont find the gold they will be worthless Now ask youself would you do the drilling and take the chance theres no gold there Or do they know something we dont gla
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.