Hasn't been easy to get a top-up at 1.1c - that's my bid at top of 1.1c, with 581k left and not filling too quickly, while mountains piling in behind me.
Also, where is that person that used to post daily totals of buyers and sellers?
As it stands - plenty more buyers in the first 2 buy lines, than all of the sellers put together:
View attachment 6775809We let it go so we can save a minimum of $600,000-$700,000 in annual costs, while we focus all efforts on gold mining and using those profits to make the "life-changing" discoveries.
And at the same time, we retain exposure to those grounds "that we let go" by being a substantial CTN shareholder, and also receiving a bit of cash for the transaction.
And we still have Illaara which is the best and most advanced part of Central Yilgarn, and hopefully they can get a bit more on a deal for Illaara than the other parts of Central Yilgarn that they sold to CTN...but either way, it will reduce DRE's costs, whatever they get for it.
If you got excited by looking at CTN's announcement on their acquisition from DRE, have a look at what DRE's doing at Mangaroon and the upcoming gold mining and see if you get more excited than CTN's ann.
Cheers,
GB.
(20min delay)