AM7 0.00% 3.4¢ arcadia minerals limited

Ann: Construction funding secured for Swanson Tantalum Project, page-24

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  1. 890 Posts.
    lightbulb Created with Sketch. 81
    Yesterday Hebei paid $11 million AUD for a stake in Swanson.

    Today AM7 entire company is valued at $12 million AUD.

    Dont know whether to laugh or cry. How are they going to raise decent funds to aggressively drill BItterwasser which is what is needed? Maybe a renounceable rights issue or could they get a j/v partner to buy into Bitterwasser?

    Think i will look again late July.

    Good luck folks.
 
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