Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
How much GGP spent on the initial stills at Havieron prior to obtaining the JV?
I’m thinking that the more we can drill and demonstrate at Scally the better the terms of the JV and wanted to compare probable costs
All the best
Ian
I’ll try again then and won’t make any mention of esteemed or buddies.
I’m trying to research how much it is likely to cost GGP to drip some representative holes at Scallywag and If GGP, with say £5m in cash can afford to do so. Any information or advice much appreciated. I don’t post that often but have been holding a fair amount (for me) for the last 9 months. Many thanks, Ian
Total warrants in issue
On 3 September 2018 the Company announced that it had issued to DDH1 11,363,636 ordinary shares of 0.1 pence for the consideration of £142,045. 11,363,636 warrants with a 2.0 pence exercise price and an exercise period of 12 months were granted on the same date. In respect of these warrants a share based payment charge of £14,200 (approximately 10% of the consideration paid in ordinary shares) has been charged to the Income Statement.
As at 30 June 2019 there were 204.7 million unexercised investor warrants over Ordinary shares at 2.0 pence outstanding. These warrants expired unexercised on 9 August 2019.
Not entirely sure how many warrants are still on the books? The above comes from the Jun 19 financial statements