RE:New Mongolian PP at $1.60?There you go talking to yourself again. The las 4 posts have been you talking to the voices in your head and countless more in the last 2 weeks Get a life Dougie!! Go back to supervising maintenance. That is your day job isn't it?
You come on here pretending to be a major playor in the investing game but you're a nobody.
Anyway for the real investors out there, as far is the listing in Mongolia, I would expect something similiar to what Erdene did in 2018. They raised around $1.3M which would satisfy the minimum listing required. Also note that it was oversubscribed by 66% according to their news release in a poor financing environment at the time. Also note the nice bump of 30% in the days following the listing.
There will not be a discount for the financing. That discount in 2019 was done in a market that was far more difficult to raise money and into a company that was not yet a producer.
Go back to mopping the floors Dougie!!