AM7
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11.0% 6.5¢ arcadia minerals limited

Yesterday Hebei paid $11 million AUD for a stake in...

  1. MichaelSA
    843 Posts.
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    30/05/23
    14:46
    Post #: 68036582
    Yesterday Hebei paid $11 million AUD for a stake in Swanson.

    Today AM7 entire company is valued at $12 million AUD.

    Dont know whether to laugh or cry. How are they going to raise decent funds to aggressively drill BItterwasser which is what is needed? Maybe a renounceable rights issue or could they get a j/v partner to buy into Bitterwasser?

    Think i will look again late July.

    Good luck folks.
    AM7 Price at posting: 15.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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