RE:RE:buy signal on..........remember ..although share delution will not be as much as earlier deals ....basically to 20 % increase of shares......
Balkan Gold itself will be 45 % in hands of osmose once financing is completed.....EV will own 55%
BalKan Gold does not have interest in the small mine or the basin those negotiations are with EV...( I am making that assumption based on earlier deals)......... ..But I think wouild Balkan could get involved in some manner going forward..............
So this leaves Erin with 55% of Piskanje and EV shareholders diluted by 20 % ........MMG had a very conservative estimate of 1.58 a share assuming all the risks at that time....... once derisked I figure price over a dollar easily