29M 2.35% 43.5¢ 29metals limited

Ann: Strategic Update, page-16

  1. 6,147 Posts.
    lightbulb Created with Sketch. 2865
    As usual the market does not like uncertainty. The $48m (worse case) sore spot is playing on many minds. This consist of $85m restart - $37m insurance payout = $48.

    I can pretty much say a CR is in the books for 29M at this point. I dare say some feelers have been put in OTC as we speak and this is has caused the SP to crash today. A sub $1 CR is in the books now maybe much less than that if the underlying commodity price don't go 29Ms way during.
    Last edited by Exised: 24/05/23
 
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