The way I am reading the announcement I don't think Attila get to retain any interest in Kodiak. The announcement states "Attla Resources Limited has reached an agreement to sell its 70% interest in Attila Resources US LLC ("Attila US") which holds a 100% interest in Kodiak. Does anyone know who holds the remaining 30% of Attila US? Perhaps the original vendor? I see the transaction is subject to Magni Resources raising financing for the transaction - Anyone know who Magni have lined up to fund this? Pretty challenging time to fund coal projects at present so I recon this is the key.
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The way I am reading the announcement I don't think Attila get...
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Open | High | Low | Value | Volume |
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1 | 75000 | 0.265 |
1 | 38400 | 0.260 |
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Price($) | Vol. | No. |
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0.315 | 3501 | 1 |
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