Any ideas on what might be the initial float in Canada?
Dan Lanskey did say; "To develop the Tonkawa asset and look at exploration up in Kansas, we need to spend somewhere between $12 million and $15 million next year in capital expenditure."
Based on this could we expect 100,000,000 million shares at .20c from TSX... which will give a cool 20 million to get the ball rolling - anything less would be a disappointment IMO. Either way, i guess it's good that we will avoid the further dilution here on ASX: AOK. Although listing on the TSX is "overall" dilution the cash raised should give upside SP movement just to reflect the cash backed position - not to mention project progression ect ect.
Any thoughts on how it may go down?
AOK Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
