It will be interesting to see how much GPP raise here , maybe only 320k ???
The Directors have requested a trading halt pending a placement to sophisticated investors through
its available placement capacity. This placement will allow the Company to pursue it objectives
including Phase 1 of the Kopang project once approval of the PGGS licence is granted.
For Phase 1, GPP will undertake the following to earn its 35% interest:
(a) issue to the KRI Shareholders 10 million GPP Shares;
(b) Phase 1 expenditure commitment of $250,000;
(c) pay to the KRI Shareholders $70,000 in cash; and
(d) have a period of 6 months in which to undertake the Phase 1
Expenditure.
GPP will have sole discretion as to how the Phase 1 Expenditure is made
I tend to agree that GPP are looking very hard at the Back Up project Kopang for its Cobalt play !
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Mkt cap ! $2.474M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
3 | 398452 | 1.4¢ |
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Price($) | Vol. | No. |
---|---|---|
1.6¢ | 167011 | 4 |
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5 | 778328 | 0.012 |
7 | 1010451 | 0.011 |
5 | 1229995 | 0.010 |
2 | 433330 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 167011 | 4 |
0.017 | 54733 | 1 |
0.018 | 486660 | 4 |
0.019 | 20001 | 2 |
0.020 | 370329 | 4 |
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