The SLR thing is interesting, there was always going to be a tie in with SLR due to Gareth and Les, but from a strategic point of view I can''t really reconcile why SLR would sell a bunch of Tenements to BC8 only to get them back in a TKO within 12 months or so..... sure I get that its a way for SLR to get 8% of the company, however the end result is that BC8 will have a much higher market cap now we have ~700 koz vs the ~300koz we have previously. So without the sale, SLR could have bought on market or even easier take a placement when BC8 raises capital next. With Gareth and Les SLR will always have had the first right of refusal if other big dogs were sniffing around...
Perhaps I am being more hopeful than practical, but I would like to think the strategy is for BC8 to get through to production on Myhree within the next 12 months, get a MC of ~$200mill+ before any TKO happens
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The SLR thing is interesting, there was always going to be a tie...
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35.5¢ |
Change
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Mkt cap ! $157.3M |
Open | High | Low | Value | Volume |
35.0¢ | 36.0¢ | 34.5¢ | $534.5K | 1.505M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8308 | 35.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.0¢ | 79949 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 8308 | 0.355 |
3 | 202857 | 0.350 |
2 | 23880 | 0.335 |
3 | 118733 | 0.330 |
2 | 127704 | 0.325 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 49949 | 1 |
0.365 | 25800 | 3 |
0.370 | 146000 | 3 |
0.375 | 3000 | 1 |
0.390 | 100000 | 1 |
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