If Hanrine chooses to complete 25km in a short time period, that is completely their prerogative.
I just stated the terms in the JV agreement.
In order to achieve the 80% ownership interest, they need to complete US$120 million expenditure or come to a decision to mine.
There is generally a long lag between proving the copper and building the mine.
You may be correct that they may try to accelerate the drilling and leave us holding the 2.7% NSR.
I tend to think we will be taken over before this happens but time will tell.
I am very hopeful we will see multiples of our current price either way. I'm hopeful we start seeing Dynasty results this week also.
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Ann: Change in substantial holding, page-19
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Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $78.21M |
Open | High | Low | Value | Volume |
30.0¢ | 30.5¢ | 29.5¢ | $68.15K | 229.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 49232 | 29.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 49232 | 0.295 |
5 | 89482 | 0.290 |
1 | 50000 | 0.285 |
1 | 15000 | 0.280 |
1 | 10909 | 0.275 |
Price($) | Vol. | No. |
---|---|---|
0.310 | 2000 | 1 |
0.315 | 25000 | 1 |
0.320 | 62849 | 2 |
0.330 | 98515 | 4 |
0.335 | 63712 | 11 |
Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
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