It's actually the price I said it would be (~2.5c) and it's nothing like the FMG deal.. Which from memory was something like ~$16M as it included costs for drilling.. This is a straight selling of 25% for $1.75M. I won't go on about it, but it's actually worse than I thought. I thought it'd just be a CR and they'd get enough cash to find a farm out that involved drilling, or wait until they knew whether they were going to get the other 50% and farm out 75% to someone like CP for a multi-year drilling campaign... Instead we've seen 75% of Derby sold for $5.75M in the past 6 months in desperate sales.
bah.
3.5 cent placement well done, page-25
-
- There are more pages in this discussion • 66 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.055M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 2.0¢ | $10.21K | 510.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1585000 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 646981 | 2 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| EMP (ASX) Chart |