Couldn't agree more brettlt....
Glencore have tied Mumbwa into the hole formula here and do you think they would make an investment on pure Cu speculation? No imo
They have done their due diligence on Mumbwa and have total confidence in BTR's board in delivering value here. They would know, based on their expertise, what Mumbwa potentially could deliver and now have an option over 20% of BTR's Cu offtake. I don't think Glencore would mind if BHP walk as they potentially would take over as JV partner.
Glencore are in a current situation of reducing/offloading poor assests to conserve case leading into their IPO. 10M maybe chiken feed to them, but given current circumstances I would think their decision was a lot more strategic re-Mumbwa (imo).
I am glad i had the ability to accumulate over the last few months at this discount to true value.
Cheers,
Snap
- Forums
- ASX - By Stock
- BTR
- a little perspective
a little perspective, page-2
-
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BTR (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.7¢ |
Change
0.001(6.25%) |
Mkt cap ! $77.69M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $60.43K | 3.741M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 8908898 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 3878393 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 8755148 | 0.016 |
45 | 14998090 | 0.015 |
24 | 3673350 | 0.014 |
10 | 7421753 | 0.013 |
12 | 5157618 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 3528393 | 6 |
0.018 | 6310563 | 5 |
0.019 | 6240081 | 13 |
0.020 | 10587759 | 15 |
0.021 | 4219284 | 8 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
BTR (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online