$2M spend will give Manas 70% of the project. The right is to be able to earn the 70% by spending $2M.
It is so simple I'm dumbfounded at the misunderstanding of posters- some posting about freecarry etc, which is stated NOWHERE in announcements. This is about as simple a JV arrangement as you get for a mining company.
http://www.centralasia.com.au/projects-altyntas.asp
Disc: CVR holder (maybe Manas holder post 'merger', if/when)
2 million ounces , page-39
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $157.0M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.0¢ | $83.78K | 388.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 70000 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 117260 | 3 |
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| Last trade - 14.36pm 07/06/2024 (20 minute delay) ? |
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Last
21.5¢ |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 21.5¢ | 22.0¢ | 21.5¢ | 95090 | ||
| Last updated 14.36pm 07/06/2024 ? | |||||
| TCG (ASX) Chart |