RE: PERE20 Jul 2020 13:00
Yes thought so : )
1st July rns confirming PERE own 11% of Minto :
Gati Al-Jebouri, Chief Executive Officer and Chairman of the Board of Pembridge said:
"I am pleased that the restructuring of our financial obligations is finally in place and that Minto will receive a capital inflow of US $3M to support the financial position of Minto. This helps both Minto and Pembridge to maintain operations despite the challenges caused by Covid-19. Unfortunately, Pembridge's economic interest in Minto has been diluted from 33% to 11%, but we will maintain 11% of an operating copper business."
How many other copper producing or even any commodity producing company can you get for a £2.6m market cap ? I’ll wait : )
Nai/DYOR