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Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

Eco Oro Minerals Corp. is a Canadian precious metals exploration and development company. The Company was focused on the development of the Angostura Project in northeastern Colombia, which consists of the main Angostura deposit and its five satellite prospects. The International Centre for Settlement of Investment Disputes (ICSID) Arbitration Claim became the core focus of the Company.


CSE:EOM - Post by User

Comment by NaturalCurrencyon Jul 09, 2024 12:26am
123 Views
Post# 36123884

RE:RE:RE:RE:RE:DISTRIBUTION WATERFALL

RE:RE:RE:RE:RE:DISTRIBUTION WATERFALLLet's take an examples. Say the layout is $600M. $100M.goes to notes etc. (not sure of the exact number, just illustrative here). Of the remaining, $460M isower of the $460M.or 95% of remaining. That is taken out too. We are left with $40M. Of that $30M goes to the company. Of all of that is paid to shareholders, that is 30 cents per share.

But if the settlement is below $500M/$550M (depends on how much is owed to the notes etc), then shareholders might not see anything. 
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