RE: VRR RNS1 May 2018 16:09
fulmar, I and others have probably had the same thoughts on dilution but to be honest the shares are a bonus. Its the 3% net smelt royalty that will make SRES the big bucks. I can see VRR taking their option to buy back 1.5% of the royalty for $500,000 per 0.5%.That will give us a nice tidy $1.5 million Kerchinggggg!!!