Ann: Option to Acquire Dragon Mining's Stake , page-36

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  1. 6,756 Posts.
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    re: Ann: CHN: Option to Acquire Dragon Mining... Yes I agree - we've simply rolled-over and let CHN have their way.
    It should be costing CHN at least half a million dollars if they don't exercise.
    We've facilitated them to go to the Canadian stock market with an effective 100% of this asset and probably raise a substantial amount of money due to a strong gold price.
    And what do we get - a half-baked promise to buy our share and probably not a day before 30June.
    All options cost money.
    Surely they've just forgotten to tell us about this part of the deal.
 
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