You are on the money, and the answer was in the acquisition ANN:
The evaluation work is planned to commence as soon as theacquisition is complete in H2 2019 funded by existing cashreserves, capital raising by share placement and/or the exerciseof CTMOB options at the end of August 2019 and/or debtfinance.
There will be dilution and debt - just depends on by how much - and how much. They must pay Vale circa $3M within 3 years regardless, so there's a clue.
Note, paperwork seems to be lodged by CTM and Vale for the relevant tenements in the DNPM.
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- Ann: Appendix 3B - Expiry of Listed Options CTMOB
You are on the money, and the answer was in the acquisition ANN:...
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Last
50.5¢ |
Change
-0.010(1.94%) |
Mkt cap ! $255.2M |
Open | High | Low | Value | Volume |
51.5¢ | 52.0¢ | 49.5¢ | $247.4K | 486.1K |
Buyers (Bids)
No. | Vol. | Price($) |
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5 | 7945 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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50.5¢ | 30288 | 2 |
View Market Depth
No. | Vol. | Price($) |
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7 | 19874 | 0.500 |
5 | 36816 | 0.495 |
2 | 13435 | 0.490 |
3 | 106654 | 0.485 |
2 | 4083 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 27388 | 1 |
0.510 | 34762 | 2 |
0.515 | 58027 | 4 |
0.520 | 97211 | 6 |
0.525 | 10000 | 1 |
Last trade - 14.26pm 28/05/2024 (20 minute delay) ? |
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Last
50.5¢ |
  |
Change
-0.010 ( 1.94 %) |
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Open | High | Low | Volume | ||
51.0¢ | 52.0¢ | 49.5¢ | 57723 | ||
Last updated 14.41pm 28/05/2024 ? |
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