Fully diluted transaction for Fyre Lake was around $5 million according to the MNQ website.
I'm guessing the type of transaction will be in either scrip or cash... Depending on how wealthy the party is.
Given the current stage of the project. I'd say anything for the transaction to be 10% - 25% of the full value will be nice. This can subsequently go towards the compulsory funding for the EPat RTO.
MNQ Price at posting:
1.5¢ Sentiment: None Disclosure: Held
