The talk of this T/O is hard to wrap my head around. I don't see a company paying the premium CE and Nikki would demand, they also have nothing to lose from not accepting the offer.
A JV would make much more sense, give us the cash to buy the next tier 1 asset and we give them control of Costa F and take a nice little royalty.
We would then potentially have cashflow from the water project and the mining royalty's to pay for the exploration of the new tier 1 asset.
$?Bill in a ? Life mine, page-25699
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Last
$1.12 |
Change
0.030(2.75%) |
Mkt cap ! $161.6M | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.12 | $1.07 | $199.8K | 182.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.12 | 46759 | 2 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$1.12 |
Change
0.030 ( 1.36 %) |
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| Open | High | Low | Volume | ||
| $1.09 | $1.12 | $1.09 | 47208 | ||
| Last updated 15.46pm 24/05/2024 ? | |||||
| HCH (ASX) Chart |