RE:RE:RE:Those who like it, will like it a lotgood morning,
the third owner of persistance will be the "new shareholders" of Persistance and therefore, MJS and Richards ownership in Persistance will dilute.
Richard Resource 4,5 %
MJS 70,5%
New Persistance Shareholder on HKEX 25%
equals to 100% of Persistance.
From there, Persistance is "free" to form new joint ventures with for the new mining assets. The "old" joint venture with dahedong will be untouched and it will still be part of the overall Financhial sheet. Only that the "net earnings per share" will be different, restructured to the new ownership of persistance.
The picture in the link here explains it a bit better:
https://www.ariva.de/forum/goldproduzent-mit-mehr-als-100000-unzen-2012-453021?page=350#jumppos8761
best
richard