Let's see if Flash is talking to this SPAC...I'm sure they are.
They were locked and loaded to buy Santa Rita and the copper mine a few months ago until the deal fell over. They (Glencore) has experience in Brazil....so what is not to like about Jaguar?
The timing of the buying back of the offtake from Vale could have had a hand in this SPAC deal falling over. Dunno really...but it makes for a good story!
And it's also interesting that the SPAC has extended its "Acquisition Deadline" to be extended from 12/10/2023 to 25/01/2024 by way of an EGM recently. So they are definitely still in the market to buy something.
Who wouldn't like to see an unencumbered, low C02 emission, nickel sulphide mine (not in Indonesia) coming onto the market.
And when you sit back and analyse that we have just delayed the DFS again, and theSP has been well supported, you'd think that the bias would be towards a favourable deal than a fire sale in the next few months. TBH, I just want to get out, but not at "any price"....!
Also worth noting that the Santa Rita mine has had 2 deals in the last 2 years and both fell over. The first one for "geological reasons" if my memory serves me correctly, and the second one was for price.
IMO, of course.
Let's see if Flash is talking to this SPAC...I'm sure they are....
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Last
48.5¢ |
Change
-0.015(3.00%) |
Mkt cap ! $240.0M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 50.5¢ | 48.0¢ | $187.9K | 378.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 95452 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 7182 | 4 |
View Market Depth
| Last trade - 13.22pm 22/05/2024 (20 minute delay) ? |
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Last
48.5¢ |
Change
-0.015 ( 2.32 %) |
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| Open | High | Low | Volume | ||
| 49.0¢ | 50.5¢ | 48.0¢ | 67314 | ||
| Last updated 13.22pm 22/05/2024 ? | |||||
| CTM (ASX) Chart |