The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
The 0.25p is purely the “nominal value” – not the market price. The higher the share price, the fewer the number of shares: i.e. If we find 1 tcf then the bonus 150 million shares are issued but subject to a cap of a maximum £8.7 million for the entire transaction.