Atomic - all looking good on the cash front, and I too expect the exploration in Korea will produce some ounce dirt looking at the photos which they released.
@Dasa - Small cap miners who are exploring need to fund that - they either go cap in hand and beg for the cash or they retain earnings to fund it. It is my preference that since this team are adding value and generating good returns with the existing capital which we provided them, then we back them further. There is one company which may fit the bill for you and that is AOH. When they sold their finland assets they payed a special dividend - as their next project was several years away and they did not want to just sit on shareholders cash.
For me the real question is - my company has my capital - what value are they adding to it. I can always cash out a special dividend in T3 if I need the capital back?
Cheers,
Andy
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Mkt cap ! $5.443M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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4 | 450000 | 0.8¢ |
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Price($) | Vol. | No. |
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0.9¢ | 2912976 | 5 |
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No. | Vol. | Price($) |
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4 | 450000 | 0.008 |
7 | 1439000 | 0.007 |
4 | 476085 | 0.006 |
1 | 300000 | 0.005 |
2 | 750000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 2912976 | 5 |
0.010 | 390909 | 2 |
0.011 | 2112997 | 5 |
0.012 | 1229558 | 2 |
0.013 | 1433804 | 2 |
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