Capricorn, which has a market capitalization of $4.13 billion, says the transaction will immediately add 2.3 million ounces of gold-equivalent to Capricorn’s existing Western Australian mineral base which contains 247.8 million tonnes @ 0.85 grams per tonne gold for 6.8 million ounces.
These numbers are seriously unbalanced. I'm perplexed why the board would think this is OK?
CCM - $4.3B MC = 4.5Mozeq
WA8 - $170M MC = 2.3Mozeq
is that correct?
Capricorn, which has a market capitalization of $4.13 billion,...
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 (20min delay)
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $158.8M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 13.5¢ | $955.2K | 6.823M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 4160060 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 1493692 | 7 |
View Market Depth
| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| WA8 (ASX) Chart |