Interestingly, I did post, I think it was last week, a scenario where this agreement could be led by affiliated persons to the Letts family, who are considered experts, and not a formal, currently operating group. It's just the way they worded the announcement that gave me the heads up.
How prophetic. This is like a pick up band. Let's get everyone in this room who is good at playing the guitar, the keyboard, horns and string instruments, and let's form a band.
If this is the best we can do, then this is the best we can do. If I am not mistaken, does this mean a valuation of $85M, on an undiluted basis, give or take a few hundred thousand Chilean Pesos?
Translation, three years from now, we might see our sp, if not diluted, at approximately $0.085?
Boy, great deal for us stuck holders. I shouldn't jump the gun nor ship yet? Details to be forthcoming soon?
So Medinah's ownership of the other claims has what value? I am thinking of course of the LDM and the other fractions of ownership in other claims.
Anyone who knows, please elucidate.
Thanks in advance.