ORMONDE MINING - Re: ORM Stream Log - From the answer given, there...

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Re: ORM Stream Log
14:03 04/03/2015
Cornishknocker
0 replies 0 0

From the answer given, there will be NO dilution of Ormondes shares as a result of this deal. However Ormondes wholly owned subsidary (Solaro) is being partially sold to Oaktree to enable the development of Barrucapardo. That means the profits will be split between Oaktree and Ormonde. But your 1 share in Ormonde will still be the same tomorrow.

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