RE:The public part of an IPO (ChatGPT)You must remember that the IPO of Persistence is a dual event.
Its inorganic growth and daily operations will become a quasi PRC operation while Majestic, still holding its majority position in Persistence will be free to become a sole focus Western E &D company
Overlaps in CFO will ensure efficient hybrid operations .
Majestic will expand its BOD and list on the TSE.
Strong free cash flows from its WI in the current two mines, while incrementally benefiting from the inorganic future growth of Gold production growth from gold mine acquisitions by Persistence, should easily provide sufficient funds for a sustainable dividend and fund its development objectives.
Its a win win situation for shareholders ...