It would be good if it was $8 million each however the announcement says $8 million surplus in total for the partners i.e. $4 million each:
“The $2.2 million cash for Auric is right on cue. If the price of gold holds at current levels, then Jeffreys Find will produce more than $8 million surplus cash in total for the partners.'
Regardless, this is an excellent outcome IMO considering that AWJ's market cap is only $7 million. Importantly, it will enable us to further develop Munda without the need for a capital raise in the short/medium term.
GLTA & DYOR
It would be good if it was $8 million each however the...
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Last
24.0¢ |
Change
0.010(4.35%) |
Mkt cap ! $35.65M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 23.0¢ | $17.08K | 72.93K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35000 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 155404 | 2 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| AWJ (ASX) Chart |