If Hawke’s Point is maxed out at 20%, then why are they on 31% of Ora Banda?It would be best if you had clarified that the 20% rule does not apply when there is target shareholder approval.As we know, Shareholder approval = Board approval.Hawke’s Point will not be allowed to move to 30% soon because they could make a lowball TO offer, as they tried with Capricorn.But when the conditions outlined in my previous post are met they will be allowed to move to 30% + Right now, Hawke’s Point and the Venus/ Redscope (single entity) + Q Gold opportunists are balanced out at around 20% each.That balance makes a TO near impossible.The Rox Board will not allow Hogan’s conglomeration to advance.Hogan probably demanded to be on the Board as part of the Rox/Venus consolidation.But he is one of 4 and without support to advance his stake imo.Rox will wave Hawke’s Point through around the time of the FID.Looking forward to the new drilling campaign.It’s likely to be ambitious, multi-rig and start before Xmas.Fasten seatbelts for 2025; it will be a huge year for Rox.@ mondo1960 The retail “phase” in the development of the Youanmi Gold project is over, and the insto/funds phase has begun.Rox doesn’t need us to raise cash now, as shown by the outstanding result of the recent CR.That’s a positive milestone.Unfair? It’s business.Watch the Godfather series as an intro to ASX gold juniors lol.
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $224.0M |
Open | High | Low | Value | Volume |
30.0¢ | 30.3¢ | 29.5¢ | $255.1K | 852.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 262981 | 29.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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30.5¢ | 127000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 262981 | 0.295 |
2 | 6706 | 0.290 |
3 | 219886 | 0.285 |
8 | 126913 | 0.280 |
2 | 28500 | 0.275 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 127000 | 2 |
0.310 | 112540 | 3 |
0.315 | 119248 | 4 |
0.320 | 44866 | 1 |
0.330 | 95657 | 4 |
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