I'm just working off the assumption of 50/50. With so many targets I can't see how AIC don't spend enough to get to stage 1 earn in (50%). If anything promising is found then rumble will contribute and not allow AIC to get to 65%.
AIC has MC ~$27m with Lamil JV and heaps of great ground around Plutonic/Degrussa that is a combo of JV's and 100%
Rumble has MC ~$68m with Lamil JV/WQ/Munnarra Gully/Fraser Range JV/Eeraheedy/ Braeside/Warroo.
It's hard to assign a market valuation of each share of the project as both have valuable ground elsewhere that could justify the current MC's.
DYOR GLTAH
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
33.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $189.9M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5882 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 43998 | 2 |
View Market Depth
| Last trade - 16.14pm 20/06/2025 (20 minute delay) ? |
| A1M (ASX) Chart |
Day chart unavailable