CEL 1.06% 4.8¢ challenger gold limited

There are now ~1.2b bits of paper issued for CEL as detailed in...

  1. 1,623 Posts.
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    There are now ~1.2b bits of paper issued for CEL as detailed in the NR today.

    Total number of securities on issue
    CEL : ORDINARY FULLY PAID 973,820,425
    4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)
    Total number of securities on issue
    CELAF : PERFORMANCE RIGHTS 24,982,806
    CELAD : OPTION EXPIRING 30-JUN-2022 EX $0.04 48,402,776
    CELAE : PERFORMANCE SHARES 120,000,000
    CELAT : OPTION EXPIRING 20-JUL-2025 VARIOUS PRICES 10,000,000
    CELAG : OPTION EXPIRING 30-JUN-2022 EX 4C 1,200,000

    Moving to 100% of both Hualian & Colorado V meant issuing shares to the vendors.

    I think the big difference compared to PDI is the significant high grade resources at Sanchez, Magnata, Sentazon and elsewhere in the manto. We should know more soon about the potential at Sentazon to host a big high grade resource. Processing ~6g/t Au is a big advantage in terms of lower intial CAPEX, early cash flows, keeping lenders happy etc.

    Not long to wait for a MRE. Christmas?
    Last edited by HarryKane: 06/10/21
 
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