Thanks John435
That ongoing royalty from Sino is at $1/t on gross proceeds from sale of iron ore over 50% & they have 13.3mt @56% & 0.5% from all gross prceeds from 30-50%. (care to do some maths)
Thats a great income stream to look forward to & as I posted yesterday, MZM will not need to go to the market for funds for drilling at all this year.
DYOR
cash+asset (saleable shares) = 23.5 cents , page-3
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Last
25.0¢ |
Change
0.040(19.1%) |
Mkt cap ! $54.97M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 26.0¢ | 21.5¢ | $22.23K | 90.37K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35000 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 20000 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| E25 (ASX) Chart |