I won't get into details why I know but, there won't be much dilution of shares being issued. If there is...it will be fought hard.
This is music to shareholders...often the company shares are used and a personal credit card for mgmt.
The ONLY exception I can see to that is if...Enirgi/Rincon want to do a transaction for Rincon.
The Sentient group tried and failed to do a IPO of Rincon recently. A reverse take-over of AGY does that for them. (I'd want shares in escrow for 2-3 years though.)
A reverse takeover works outs perfectly for both AGY and Sentient.
-We'd get 100% ownership of a 1.2M ton JORC resource. (I'll REPEAT...1,200,000 million tons of BG LCE!)
-Sentient finally gets to monetize their 10 year investment and get a return with-out having to raise more funds.
The ONLY question is...Who get's what %.
That's why PA's LCE confirmation (on Rincon) is so important.
I actually think Sentient would want PA to nail BG LCE, as it shows the world Sentient's Rincon investment is VERY valuable. (what's 1.2M x $20,000 ?!)
It's going to be a interesting couple months.
IMO
DYOR!!
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