I'm just working off the assumption of 50/50. With so many targets I can't see how AIC don't spend enough to get to stage 1 earn in (50%). If anything promising is found then rumble will contribute and not allow AIC to get to 65%.
AIC has MC ~$27m with Lamil JV and heaps of great ground around Plutonic/Degrussa that is a combo of JV's and 100%
Rumble has MC ~$68m with Lamil JV/WQ/Munnarra Gully/Fraser Range JV/Eeraheedy/ Braeside/Warroo.
It's hard to assign a market valuation of each share of the project as both have valuable ground elsewhere that could justify the current MC's.
DYOR GLTAH
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Last
32.5¢ |
Change
-0.010(2.99%) |
Mkt cap ! $233.5M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.5¢ | 32.5¢ | $606.6K | 1.838M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 606645 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 16230 | 1 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| A1M (ASX) Chart |