I would say sell Sandstone, it only has value if combined with for example AME so the ounces plus the plant should to be worth something to them. The plant is carried at $2m book value plus the option on the gold price that is the 750k gold resource, plus the permits etc. means maybe $ 2m -3m? That in addition to current cash gives a significant exploration budget for Barkly.
Then replace management with specific IOCG / sedex expertise and move Barkly forward
My opinion only
I would say sell Sandstone, it only has value if combined with...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MDI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
-0.002(13.3%) |
Mkt cap ! $2.832M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $2.619K | 200.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 349000 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 136723 | 2 |
View Market Depth
| Last trade - 13.09pm 28/06/2024 (20 minute delay) ? |
| MDI (ASX) Chart |