Yes, Sinomine has to get to 20% before the TO process kicks into gear - that's if they want PSC in its entirety.
If they only want the project, then management
(Hugh and crew)
, as equal shareholders, will want to cash in all or most of their chips as well. In this event, there should reasonably be a return to ALL shareholders
PSC
Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
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