RE: CHF21 May 2021 17:19
CT - licenses in Cyprus, looking for VMS deposits there. FTSE100 Polymetal (£8bn MC) came onboard as a SH.
They've now got a license in Canada and paid 10% equity circa £1.3m. Warrants at 20p for a further 10% which if you do the maths, means that they'll receive more money in cash, than they paid for the asset in paper.
Now I understand it's just a case of developing these and seeing exactly what we can find. Martin didn't rule out further purchases, however for the moment it seems we're done. Canadian market listing to come in the medium term.