WOW
What a ride from 36c in a year to 4c.
December the Hong Kong based investor injects $3.5m and gets hold of 50% of Balama Then offers $7m for the other 50%. a few months later !!!
So Has the company received $10.5m for this deal or is the $7m inclusive of the $3.5m the company sold off ?
Looks like a sad story to me.
Ann: Agreement to sell remaining 50% of Balama Resources Pty Ltd, page-5
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