So the consolidation has happened and the dust is settling.
Default option will apply if broker not notified. So I'll get the cash at end of January without taking any further action.
What have we got for the near 8 million market cap at current 105p buy price.
5.5 million Des shares (Could do with some more news)
30 million Sey shares (Chinguetti start up on the horizon)
244,000 Eclipse shares (Shouldn't float cheaper than last fundraising of £7.50/share. Often companies float a lot higher than their last private fundraising price)
Up to £1.5 million cash. Call it £1 million to be safe.
Downside looks pretty skinny with potential upside from Eclipse too enticing for me to resist.