GREY:RNKLF - Post by User
Post by
factRbeston Jan 28, 2018 9:56am
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Post# 27449369
June 2015 DID YOU KNOW
June 2015 DID YOU KNOW In RNXs presentation at the time the discussion financing.
Background
Nickel prices started rising and Dumont was starting to look interesting.
In their presentation they stated to the effect. Ways to finance Dumont to limit dilution to shareholders.
One of those ways where to: Sell a minority stake in Dumont.
1 year later they sold a controlling stake (shared control) for 5 million dollars.
And 17.5 million in a trust fund.
That 17.5 million will go far in covering RNX portion of the 100s of millions that will be needed.
Or they can now sell their portion of the 50% making them a minority holder.
THIS IS WHAT BETA HUNT IS DOING TO THE WHOLE OF THE COMPANY
Why I care about Beta Hunt