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Ann: Market Update to Sinomine Transaction, page-211

  1. soarer
    1,362 Posts.
    lightbulb Created with Sketch.  18
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    27/03/18
    01:24
    Post #: 32042260
    Why would they have egm on Thursday if we don’t know the final outcome with Sino ?

    According to egm resolution 2(f):
    (f) The funds raised from the placement to Sinomine will be used to fund the building and financing of the Company’s proposed mine and facility at the Arcadia Lithium Project and for working capital purposes.
    But in the following days there is a chance Sino to buy 100% of Arcadia ....is there is a technical issue there ?
    If they buy 100% the project why we need the dilution factor on top ?
    PSC Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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