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Duluth Metals Ltd DULMF



GREY:DULMF - Post by User

Comment by marpincanon Jul 04, 2014 9:58am
309 Views
Post# 22715794

RE:RE:Buyout price would be circa $400m

RE:RE:Buyout price would be circa $400m
Dose anyone know how may shares of DM Anto currently owns? The 10 million loan plus interest  that DM has to pay back will likely be paid back in shares (20 million shares). So based on Anto current share ownership in DM plus 20 million more shares plus owning 40% of the deposit, Anto may have DM sewed up pretty tight. With no production till 2020 or after, Anto may have not been interested in putting up a big chunk of money now. JMO
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