Post by brodeuron Aug 18, 2024 7:59pm

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Post# 36185266
Baru.v - 70% ownership of what?
Baru.v - 70% ownership of what?Here's an interesting question based on below:
"Baru Gold holds a 70% interest with three Indonesian companies holding the remaining 30% interest combined”
Does tsx listed Baru own:
- 70% of the project(s) and the other 30% is owned by TMS, or
- TMS owns all the projects and Baru owns 70% of TMS
right now it may not make a difference but should TMS grows, if Baru only owns 70% of the current project, we don't have any upside to any other value increase by TMS. But if we own 70% of TMS, as long as TMS grows, Baru grows.