11m shares= $2m at 25c
(For a Co project that is ready to be developed + one near MEI)
"$2m spend on the project":
(Pretty standard)
$2m+ spend has to happen even if those conditions are not in place. It's good IMO. Management can't flip it to another company.
It's within 2 years BTW.
"MC of 25m and 70m":
Please tell us how you got that those numbers. (You don't have to.. if you typed that just to get cheap shares)
Current MC is $7.8m
Fully diluted mc (including options and 11m to be issued) is $16.25m at 32.5 cps.
"Not such a great deal for holders":
Lol... Everyone knew that GTT ventures control this coy. People like me bought this as a shell. Plan was to flip this on news.
Actually it's an excellent deal. That's why I am not selling. Will buy more.
Downramping didn't stop 4CE to go past 7c despite the location and a poor DD.
Expect more downrampers who where ex-losers from SOC.
MQR acquisition is much better.
Awaiting new appointments... to develop this project.
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Open | High | Low | Value | Volume |
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5 | 484573 | 0.008 |
5 | 1371203 | 0.007 |
3 | 500000 | 0.006 |
2 | 500000 | 0.005 |
Price($) | Vol. | No. |
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0.010 | 291836 | 3 |
0.011 | 270198 | 6 |
0.012 | 267038 | 5 |
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