i am not sure how you did that calculation, but it doesn’t feel correct at the 24 cent shareprice
These performance/success deals are only worth the real money when they are sold for cash … usually in a strategic sale/merger/takeover.
The only people I read of highlighting such rewards have envy or jealousy. Existing Wildcat shareholders and those lucky enough to be in on the 3.5 cent placement have never complained.
Securing the Tabba Tabba mining leases for Wildcat may go down in history as one of the best ever deals pumped into a shell … but only time will tell.
The vendors you speak of also engaged a most outstanding experienced technical miner (AJ) to run the business.
When/if lithium flys again … WC8 will be right in the mix
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I’m also watching very closely the next deal those guys are currently doing into LRL shell (Labyrinth Resources) … looks similar asset to the historic high grade gold Penny West pit that was vended into Spectrum (and we know what happened then )
WC8 Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
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