I miss the cutoff each day
BSM
Capped at under $1M with $500k cash
Just spoke to them about those big share purchases
Consolidate Minerals in for 50M+ shares
They took part in the 29M @ 0.4c (taking out MFC overhang) and the 50M @ 0.5c ($250K placement for 'admin") but remain under 19.9%. Another party took the balance - they are waiting on the sub notices. Market will like that Consminerals actually took more than the 50M, shows they are committed before the appendix 3B
No need to raise funds for several quarters
Consminerals likes their projects and looking to partner on something
Mediation with Liongold pending
Some big potential catalysts to come - Having Consminerals onboard at a 66% premium to current price, potential JV on number of projects to come and a case against Liongold for up to $13M yet EV is less than $500k ?
May stagnate till sub notices or just go boom
- Forums
- ASX - Day Trading
- Day Trading Nov 6 Afternoon
Day Trading Nov 6 Afternoon, page-2
-
- There are more pages in this discussion • 202 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)