CNJ 0.00% 0.2¢ conico ltd

Ann: Becoming a substantial holder, page-12

  1. 31 Posts.
    The MTJV is valued at circa $45m depending on metail prices. The lodgement with ASIC will happen next quarter followed by consolidation and separation of Greenland. They are just steps, but to get there requires cash and management happy to front because the value is there. At market cap of $3m they will net x 10 within 12 months.
 
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