$2M spend will give Manas 70% of the project. The right is to be able to earn the 70% by spending $2M.
It is so simple I'm dumbfounded at the misunderstanding of posters- some posting about freecarry etc, which is stated NOWHERE in announcements. This is about as simple a JV arrangement as you get for a mining company.
http://www.centralasia.com.au/projects-altyntas.asp
Disc: CVR holder (maybe Manas holder post 'merger', if/when)
$2M spend will give Manas 70% of the project. The right is to be...
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Last
24.0¢ |
Change
0.010(4.35%) |
Mkt cap ! $183.8M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.5¢ | 21.5¢ | $1.414M | 6.045M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 123788 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 121409 | 5 |
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| Last trade - 14.27pm 27/08/2024 (20 minute delay) ? |
| TCG (ASX) Chart |