I wish there's more info on that mining license issue. If BNR can wrestle the project back, its market cap can easily reach $20m in a day.
Either way, BNR is in the driving seat here. GEM is trying to raise fund through IPO (as Coolgardie Minerals Ltd), but with a cloud over the ownership of their crown jewel project, they will have trouble attracting institution participants; so it's in their best interest to resolve this issue expediently.
Personally I prefer if both parties can reach an amicable settlement sooner rather than later, but chances are, either way BNR will come out ahead.
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I wish there's more info on that mining license issue. If BNR...
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Mkt cap ! $13.50M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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Price($) | Vol. | No. |
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5.0¢ | 184461 | 1 |
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No. | Vol. | Price($) |
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1 | 142505 | 0.046 |
4 | 139224 | 0.045 |
1 | 11400 | 0.044 |
1 | 23255 | 0.043 |
1 | 24390 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 184461 | 1 |
0.051 | 89193 | 1 |
0.052 | 19999 | 1 |
0.053 | 35000 | 1 |
0.054 | 18518 | 1 |
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