Total M Cap £4 million .?11 Apr 2016 13:54
So is that the total M Cap £4 million ? . With sale of assets for $7.75 million plus $2 million plus 10,000 . Looks to good to be true , will have a look through the old RNS
Orsu Metals, up 52%. The miner said it plans to cancel its listing on AIM later this year to reduce its corporate costs, and that it struck a deal to potentially sell its stakes in two copper projects in Kazakhstan. A deal was struck to sell its 94.8% stake in the Karchinga copper project in eastern Kazakhstan for an initial consideration of USD7.8 million and a deferred consideration of up to USD2.0 million. Orsu said it has also conditionally agreed to sell its effective 51% stake in the Kogodai copper project in Kazakhstan for USD10,000. Orsu said it also plans to cancel its listing on AIM as of May 11, in order to reduce its costs, stating it plans to maintain its listing on the Toronto Stock Exchange Main Board.