NM and MF would have spoken extensively to the major holders to get an indication as to there take-up of the issue. The Top 20 have 45% so that is nearly 500k including those that have multiple holdings outside the T20.
I think MF has a very good understanding of his potential liability and besides, it will reduce his average entry price.
I would love to see plenty of really good news ASAP like everyone else.
Anticipated good news to come:
All of the above I think is very realistic over the coming months and will provide multiple reasons for a share price re-rating.
- results from the last batch of drilling
- drilling recommenced after a short break
- application for a Mining license
- Environmental approvals
- upgrade of existing JORC
- acid leach testing results
The final SMART program study, because of the addition of all the oxide drilling results and additional core drilling for proper modeling will probably take a little longer.
Cheers
Cap Raising, page-17
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.979M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $1.365K | 227.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2770877 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 4467133 | 2 |
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| Last trade - 12.36pm 09/10/2024 (20 minute delay) ? |
| HOR (ASX) Chart |