PGO 4.35% 12.0¢ pacgold limited

Ann: Full Year Statutory Accounts-PGO.AX, page-2

  1. 709 Posts.
    lightbulb Created with Sketch. 11
    The Group intends to raise additional capital to fund exploration activities at its Mount Bundy Gold Project with an aim to develop of large scale bulk operations centred around Rustlers Roost. As at the date of this report, the Group is in the process of purchasing the Coolgardie Gold Project and, on the basis that the purchase is finalised, the additional capital raising to be undertaken by the Group will include funding for the cash component of the purchase consideration and exploration activities at the Coolgardie Gold Project

    From the acquisition ann.

    Cash payments are to be made to MacPhersons as follows: - Primary Gold to pay MacPhersons a non-refundable deposit of A$0.5m in cash within 2 business days of signing the Agreement; - On Completion under the Formal Agreement, Primary Gold to pay A$1.5m to MacPhersons; - Six (6) months from Completion, Primary Gold to pay A$1.5m to MacPhersons; - Twelve (12) months from Completion, Primary Gold to pay the final cash payment of A$1.5m to MacPhersons


    May be a raise very soon then
    Around 8 - 10c i reckon, then the brakes can come off
    I hope us shareholders are in on the offer
 
watchlist Created with Sketch. Add PGO (ASX) to my watchlist
(20min delay)
Last
12.0¢
Change
0.005(4.35%)
Mkt cap ! $10.09M
Open High Low Value Volume
11.5¢ 12.0¢ 10.0¢ $46.31K 421.3K

Buyers (Bids)

No. Vol. Price($)
2 75423 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 34388 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
PGO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.