Shafted !11 Sep 2018 11:22
Looks like PI's have been well & truly shafted here. Proactive Investors have picked up on it too.
If it's such a "Full" price, then why are Orion, the BOD and Osisko retaining Equity in the Project ? Ask yourself that !
Ans: it is worth FAR more than what Orion are offering going forward. Blackrock are just taking a quick turn on an Equity Investment as far as they are concerned , and don't care beyond that.
Does not bode well for the future of ANY AIM-Listed Junior Mining Cos IMHO.
PI's funded the Exploration stage of the company for well over 10years, then got right-royally seen to ! That's reality.
DYOR. GLA. & Goodbye !