I am trying to figure out how spending $4 million on a drilling programme to gain a 25% share in just one tenement is a good use of funds.
As I understand it, CLM has a market cap of only $10.6 million CAD.
Would it not be better for SYQ to gain 100% control of all of CLM’s claims through M & A?
Have Shareholders been mislead ?, page-115
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Last
2.7¢ |
Change
0.003(10.4%) |
Mkt cap ! $267.6M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.7¢ | 2.5¢ | $1.143M | 44.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 4853523 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 11943000 | 46 |
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| Last trade - 14.33pm 16/08/2024 (20 minute delay) ? |
| SYA (ASX) Chart |