PEX 0.00% 11.5¢ peel mining limited

Ann: Letter to Shareholders Saturn Metals Priority Offer Amended, page-14

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  1. 2,689 Posts.
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    6.) Say Saturn spend $7m and improved JORC to 1moz of gold with grade 1.1%, it probably won't do much in terms of share price.

    When Saturn runs out of money later on, PEX is the largest holder will PEX company participate in their capital raising? I doubt it, so effectively the rest of Saturn holders will need to participate more.
 
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