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Global Cobalt Corp GLBCF

Global Cobalt Corp is an exploration stage company. Its projects are Altai Sister Properties, and The Iron Creek Cobalt-Copper Project.


GREY:GLBCF - Post by User

Comment by Dirt2Oil13on Jun 21, 2015 3:52pm
89 Views
Post# 23853321

RE:Break even point

RE:Break even pointMy mistake Imhl would only get 30,000,000 special warrants  if Karakul minerials were over 15 tons and another 30,000,000 special warrents if it is over 25 tons.Old agreement says they would get 40,000,000 common shares and 80,000,000 warrents when the deal closes but only if they show proof they paid dept to Capital Invest.This is all part of old signed deal and still have to wait to see what new deal says.The worst part is waiting this very long time for info to be completed and sent out.We will still be asked to vote on repaying shares for loan to Imhl.Cant say what final share numbers will be but Imhl will be and should be in the drives seat moving forward.Dirt 2Oil13 do your own DD
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