RE:2001 TKO bought Harmony...Thanks for that cog. The article did not mention how many trackable shares were issued.
My guess is tko up front cost was about 3 million. They realized 30% of 62 million tax pool for a net 20 million return.
Investors no doubt got 50% back on bc exploration incentives.
So I will guess redemable shares will dilute tko about 1%.
Perhaps stu will shed some lite at con call.
Kind of like a reverse ymi deal.
Rds r giants in world mine business. They are primarily mine specialist contractors. They seldom buy projects. So they must think this one is good.
The alley thought is timely. Selling is tko goal.
Flor permit pleaae.
nf