Of course Twiggy will throw some lowball offers. But I think what's at hand is some really mega corporate moves in the Paterson Province.
At the moment RIO is trying to get a deal done for copper mine in Mongolia for nearly $5 billion Aussie dollars, but minority shareholders are blocking the deal & say it's worth more like nearly $9 billion.
BHP tried to buy Oz Minerals for almost $9 billion, but that wasn't gonna happen for that cheap.
So, an asset like Winu is a prize, good jurisdiction and open pit, 30Mtpa in the future. And most importantly, a greenfield discovery.
What Twiggy would get from AZY is the +5,000km² landholdings where everyone is certain that multiple Winu's and Havierons, are there. And AZY'S MC in no way reflects the true value of all their holdings.
If Minyari Dome continues to be unlocked, a +$billion MC will be realised in not too distant future, if we can weather the storm.
I'm still taking in the latest news
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Last
2.5¢ |
Change
-0.001(3.85%) |
Mkt cap ! $119.2M |
Open | High | Low | Value | Volume |
2.5¢ | 2.6¢ | 2.4¢ | $567.7K | 22.69M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 5116901 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 9434749 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 5036901 | 0.025 |
7 | 2508711 | 0.024 |
6 | 2806146 | 0.023 |
12 | 8074619 | 0.022 |
4 | 1575000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 5255802 | 9 |
0.027 | 2473503 | 10 |
0.028 | 2629804 | 9 |
0.029 | 3055000 | 3 |
0.030 | 6509070 | 7 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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