That extra $10 mill would be in a timeframe of a number of years at least and it may or may not happen.
Hopefully they find something to invest it that excites the market.
I would think the Botswana coal must be worth $20-50 mill. Another mob sold there coal in Botswana for $116 mill to the Indians (which was about twice the tonnes of AVA's) but still AVA's resource in not insignificant. Even at $20 mill that's another 12 cents a share of value approx.
Buyers do have some interest the last few weeks while most stocks have been tanking but there's still some reasonable sized sellers out there who are stupid enough to sell at market.
Cheers
hots
That extra $10 mill would be in a timeframe of a number of years...
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $23.77K | 224.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 238656 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 14000 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| AVA (ASX) Chart |