Good answer....however SML is the key player here....larger, more experienced.....more successful...they seem to call the shots already
And this statement from an announcement is as odds with your comment on controlling decisions
"NAE has until the 31 August 2018 to fund its £332,000 share of the placement to retain its 50% interest in CRL, which is the Company’s intention. If NAE does not take up the placement by 3 September 2018, then NAE’s ownership would be diluted to 40% and Strategic Minerals Plc would increase its ownership to 60% of CRL, although all decision making would remain on a 50:50 basis. "
- Release Date: 28/05/18 08:50
- Summary: Positive Redmoor Study Results & Re-commencement of drilling
- Price Sensitive: Yes
- Download Document 293.96KB
Good answer....however SML is the key player here....larger,...
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