CK,
I am pretty sure it isn't RIO either, mostly due to the stage at which they would be interested and it certainly wouldn't be pre-BFS completion.
It could be someone big who just wants a stake in EXT. Not a take-over but a sizeable piece of what's coming.
If that was the case it would be a pseudo-placement but since we don't need the cash right now and would get more money for less shares in the future then who-ever was offering this would have to offer well above current market value to make it worthwhile.
I'm still thinking JV.
A stake in a part of the project but not EXT the company itself.
In exchange for the stake in the project, a free-carry for EXT or near free-carry.
In other words the big investor pays to develop the project in exchange for a percentage ownership (of the project only) and we pay little or nothing in the process but retain a large ownership of the project.
I guess we will find out real soon.
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.22M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $101.9K | 9.229M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 324304 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 8267509 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 324304 | 0.011 |
8 | 2673000 | 0.010 |
7 | 5717366 | 0.009 |
11 | 7792440 | 0.008 |
7 | 3620863 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 8267509 | 7 |
0.013 | 4027200 | 5 |
0.014 | 1071428 | 2 |
0.015 | 1324179 | 2 |
0.016 | 1355004 | 3 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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