If they decided to sell just KV expect them to hold back far more than $20 mil to advance the company I reckon sparky. That is barely more than what they did in the last cap raise.
Remember what management does is not exactly about what us kids want, its the parents who are driving the car! ha ha!
They would keep IMO at least $100 Mil (remember this figure will still be reflected in the share price of the remaining company).
You as an individual could still sell your shares if you wanted even more money than the figure returned to shareholders after a KV sale.
LTR with Buldania, the Vanadium and upwards of $100 mil in the bank would be a force.
Tim is a very conservative guy, if he keeps Buldania and sells KV then rest assured he will make sure Buldania exploration and any other opportunity that pops up will be very well funded from KV sale funds. And leaving funds in reserve.
It would be an unwise board who would sell KV and need money again in the next few years. We have a smart, frugal board, they will keep plenty of cash post KV if that sale happens.
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Last
79.0¢ |
Change
0.010(1.28%) |
Mkt cap ! $1.915B |
Open | High | Low | Value | Volume |
81.0¢ | 82.0¢ | 78.5¢ | $11.44M | 14.36M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 342418 | 79.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
79.5¢ | 102506 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 342418 | 0.790 |
20 | 444603 | 0.785 |
27 | 469145 | 0.780 |
11 | 148488 | 0.775 |
18 | 96768 | 0.770 |
Price($) | Vol. | No. |
---|---|---|
0.795 | 102506 | 9 |
0.800 | 160126 | 10 |
0.805 | 113260 | 8 |
0.810 | 103219 | 7 |
0.815 | 211349 | 3 |
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