Liberty Star Uranium & Metals Corp.

Combining Classic Mineral Exploration with State of the Art Technology

Free
Message: 14 tiny trades today, so far.

I think the upshot is that if the price rises above that level, it would be in Triton's interest to exercise, which would result in $1m in the company's cash account. Whether and at what point they would want to pull the trigger, who knows. If there are good initial results, I think it is likely we go much past that valuation. But, to be honest, I haven't spent much time analyzing the financing agreement. 

Share
New Message
Please login to post a reply