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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture -- Ignore unavailable to you. Want to Upgrade?

To: Salt'n'Peppa who wrote (3146)6/30/1999 12:01:00 AM
From: Check  Read Replies (1) | Respond to of 15703
 
Good evening S & P,

<<Check, I make it 20% dilution if all 4.5MM are issued.>>

I read it as a 5.5MM dilution if all the shares are issued. Instead of the 20.7MM issued shares mentioned in the press release, you are now looking at somewhere in the neighbourhood of 29 million fully diluted shares. And how much of their daily production did they sell???

CIO


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