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1.20%

8.4¢ medallion metals limited.

Ann: $5 Million Placement to Advance Forrestania Opportunity, page-4

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rvajna

8,923 Posts.

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12/08/24

11:58

Post #: 75167297
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Originally posted by Spotty1: ↑

In addition to RGP, multiple strategic growth opportunities present themselves through the establishment of gold processing capability at FNO. The Forrestania greenstone belt is a historically significant gold producing region, which includes the Bounty Gold Mine (historical production approximately 1.4Moz at 5.1 g/t gold) and remains 1 Premised upon 30 June 2024 cash and receivables as disclosed in the Company’s quarterly report released on ASX on 31 July 2024 plus the Placement proceeds (before costs).

Medallion Metals Limited ASX Announcement
Page 3 of 4 highly prospective for gold with multiple deposits and prospects situated within economic trucking distance of Cosmic Boy.

So per above does this mean MM8 will or has sought to enter into discussions with Wesfarmers to acquire or joint venture as to Bounty gold reserve/resources some 1,200,000 Oz of gold that Wesfarmers own 100% at Mt Holland (Bounty Mine) ?????

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i picked up more at 5.6 cents on the back of the deal.

MM8 Price at posting: 5.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 8.4¢		Change 0.001(1.20%)		Mkt cap ! $34.27M

Open	High	Low	Value	Volume
8.5¢	8.5¢	8.2¢	$51.75K	619.7K

Buyers (Bids)

No.	Vol.	Price($)
1	7298	8.3¢

Sellers (Offers)

Price($)	Vol.	No.
8.5¢	70000	1

View Market Depth

No.	Vol.	Price($)
1	7298	0.083
1	18992	0.082
1	10000	0.081
4	91670	0.080
2	112650	0.079

Price($)	Vol.	No.
0.085	70000	1
0.087	48650	1
0.091	209948	1
0.100	6145	1
0.105	335733	6

Last trade - 16.10pm 17/10/2024 (20 minute delay)

MM8 (ASX) Chart

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