RE:NumbersOne more thing, congrats to management on this deal. To me it looks accreditive to cashflow and NAV and further diversifies among companies, geography and projects. I knew the management of this company was strong but they've now effectively put together 2 signficant deals that should reward shareholders short and long term, in less than a year, in a very competitive space.
The new presentation has our share structure as follows (fully diluted):
Panam - 43%
Goldfields - 33%
Management and Insiders- 18%
US Global - 1%
Other shareholders - 6%
There are less than 9.5MM shares of this that are actually free trading and the other ~124MM are tied up. This is both a negative and positive. It would be nice to see some more liquidity but it also means any buyers are going to have to pay up to get any shares.