RE:RE:RE:RE:Oban will need a share consolidation with 1.1 BILLION shares
I'm no expert, but 5:1 would be my guess i.e. around 220mil float. They have C$74mil in cash, so the question is how far can they progress the projects until the next lot of dilution will take place. If they can get Windfall Lake in to production within 4 years, then that will generate cash to fund developments at the other projects. Once the deal goes through Oban will give us a proper outline of their plans for the various sites. Eagle Hill requires $30mil to get to BFS stage.