Sure, if the FMF share price can stay at $0.80c, after the massive share dilution to CHN shareholders, then yeah, the shares would be worth $27 million !
The deal is basically a leverage play on gold.
Sale to First Mining Finance, page-4
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| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.37 | $537.3K | 387.2K |
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| No. | Vol. | Price($) |
|---|---|---|
| 12 | 24941 | $1.39 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 5973 | 6 |
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