Ravenswood sold to EMR Capital & Singapore listed Golden Energy & Resources 2020.
Agreement up to A$300M.
Received 50M cash 2020.
50M promissory notes ( plus int due 30/3/24 ).
Further $50M contingent on gold prices over 4 year period ( around $1600 US from memory ) & the balance 150M contingent on future growth outcomes ( which is huge based on present day operations ), due 2027.
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Ravenswood sold to EMR Capital & Singapore listed Golden Energy...
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Mkt cap ! $968.7M |
Open | High | Low | Value | Volume |
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7 | 175586 | 47.0¢ |
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1 | 3943 | 0.485 |
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4 | 89910 | 0.475 |
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0.430 | 54520 | 5 |
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