RE: Mcap £17m yet GR values $7m7 Nov 2018 10:17
It could come from anywhere. Once it gets signed off at an EGM, another partner could easily come on board. NewCo is an incredibly attractive prospect to new investors. Two Tier 1 assets (one of which is a flick of a switch away from production) + 1 potentially very good asset, plus drilling and exploration rigs + plant?
I don't think $6m will be hard to find at all for this. On the same terms as KME, you'd get 30% of Zulu, RHA, Katete, and all the other equipment etc. That's an absolute steal.