AXY atom energy limited

re: Ann: Atom to Acquire 100% Interest in Kal... The...

  1. 136 Posts.
    lightbulb Created with Sketch. 47
    re: Ann: Atom to Acquire 100% Interest in Kal... The restructuring of the transaction is indeed a great outcome. Think of it like this, the company now owns 100% of a project with 500,000 oz of contained gold and an exploration target of up to 1.25M oz compared to 70% previously.

    Denido - the company never issued any GPM shares - if you read the announcement carefully you will notice that the shares being issued are AXY shares and no GPM shares to be issued at all ever.

    This company has some impressive ground, so close to paddington which is circa 4M oz - the milestone of 500,000 oz is only the beginning in my opinion. Next stage of drilling will get indicated to measured and then a bulk sample should occur.

    Hold on to your hats fellas.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.