BMO

0.00%

0.8¢ bastion minerals limited

Ann: New Canadian Lithium Option & Royalty Portfolio Termination, page-63

First 63 Last

Share
Profile

Follow
Wolfbuster

445 Posts.

37

21/02/23

10:27

Post #: 66365551
Share

Originally posted by Iknowyysh: ↑

I dont know if they are currently holding, but they are 50% ownership of Austrek who is the company vending these leases to BMO.

The payment of $1,000,000 is at the option of BMO to exercise, and is given in script so GTT will end up with another $500k worth providing the deal is good enough to go through.

The other 50% is owned by 2 of the management from HHR... make that of it what you will.

BMO will have to prove up something within the next 6 months and then exercise if they are worth while so I expect they will hit the ground running. This may take time now but OM1 put out their announcement last week only 1 week after the notice they had acquired the property.

Perry English, who has a couple of the direct leases seems to have a decent track record of picking them and understands the area.

All in all, this isnt a bad deal for the company.. They way it has come about is why the company has been punished now. Irony is his may have fired up on the back of this announcement given some of the recent speccies if it was just released without the back history.

Expand

play the same game dont fight it , this will fly again

BMO Price at posting: 3.7¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Making money: How many microcaps should be in an investor's portfolio?

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

What each US election outcome would mean for Australian companies & investors

There are more pages in this discussion • 11 more messages in this thread...

First 63 Last

Add BMO (ASX) to my watchlist

(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $4.114M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	714285	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	4942000	8

View Market Depth

No.	Vol.	Price($)
1	714285	0.007
6	4772812	0.006
6	3252553	0.005
9	5003248	0.004
2	767000	0.003

Price($)	Vol.	No.
0.008	4942000	8
0.009	2651787	5
0.010	709889	4
0.011	856000	2
0.015	66733	1

Last trade - 16.12pm 01/11/2024 (20 minute delay)

BMO (ASX) Chart

Day chart unavailable

Ann: New Canadian Lithium Option & Royalty Portfolio Termination, page-63

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Making money: How many microcaps should be in an investor's portfolio?

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

What each US election outcome would mean for Australian companies & investors

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: New Canadian Lithium Option & Royalty Portfolio Termination, page-63

Top Stories

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Making money: How many microcaps should be in an investor's portfolio?

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

What each US election outcome would mean for Australian companies & investors

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News