FIRB wont be a problem imo. There is no reason for any issues with them at all. It takes time to get this through China. These companies have already done deals in oz before. This is a gold deal, and not a critical mineral deal. The only reason this takes time is slow govt. I was doing some research on the net recently and read that China only gets heavy about these deals when they exceed US$200m limits. This is 1/10th of that. China is also allowing gold deals to be done like BC8's at the moment. They must like gold.
You can see that the deal has already changed once. This reduced the shareholding in the 2 Chinese funding groups. Instead of having 2 Chinese funders, we now have 3 with the con note. That would change the deal with the FIRB. It will come after the China equity imo. I don't personally see the slightest issue with FIRB. This is just slower than we hoped, but all seems normal to me. dyor
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Last
34.0¢ |
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Mkt cap ! $104.9M |
Open | High | Low | Value | Volume |
32.0¢ | 36.5¢ | 31.5¢ | $568.5K | 1.624M |
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No. | Vol. | Price($) |
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1 | 49999 | 34.0¢ |
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Price($) | Vol. | No. |
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34.5¢ | 10500 | 1 |
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1 | 100000 | 0.330 |
1 | 9200 | 0.325 |
1 | 15625 | 0.320 |
1 | 9523 | 0.315 |
Price($) | Vol. | No. |
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0.345 | 10500 | 1 |
0.350 | 68984 | 2 |
0.360 | 2380 | 1 |
0.365 | 111784 | 3 |
0.375 | 7900 | 1 |
Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Change
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