I am trying to figure out how spending $4 million on a drilling programme to gain a 25% share in just one tenement is a good use of funds.
As I understand it, CLM has a market cap of only $10.6 million CAD.
Would it not be better for SYQ to gain 100% control of all of CLM’s claims through M & A?
Have Shareholders been mislead ?, page-115
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Last
3.6¢ |
Change
-0.002(5.26%) |
Mkt cap ! $370.5M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.7¢ | 3.5¢ | $2.158M | 59.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2625000 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 5881377 | 21 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SYA (ASX) Chart |