It means the company has the option to elect to acquire up to an 80% interest in those permits.
I can't recall the terms of the option agreement, but the option to acquire the interest will be subject to the company issuing shares/paying cash to exercise that rights.
The company has no obligation to do so if it does want to.
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Last
22.5¢ |
Change
0.010(4.65%) |
Mkt cap ! $118.5M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.5¢ | 21.0¢ | $382.0K | 1.782M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 149997 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 23000 | 1 |
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| Last trade - 15.09pm 07/08/2025 (20 minute delay) ? |
| A1G (ASX) Chart |