Nice timing to release on a day they are at a Mining investor conference. Be interesting to see the bids come in once the brokers and larger investors are notified...... a lot more than 3-4 Mil market cap I bet. Someone better than me working this out can have a go. They bought the resource below for $80....ok with benefits but still not bad when their market cap was $1.75 mil.
Total Mineral Resources were estimated to contain 3.18 million ounces of gold, within 64.2 million tonnes grading 1.5 g/t gold
Total Ore Reserves were estimated to contain 0.67 million ounces of gold, within 14.6 million tonnes grading 1.4 g/t gold
Ann: Heads of Agreement to Acquire 80% of Gold Ridge Mine/Project, page-13
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Last
0.4¢ |
Change
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Mkt cap ! $9.774M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $4.021K | 1.077M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 62873347 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5949256 | 6 |
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| Last trade - 14.43pm 26/07/2024 (20 minute delay) ? |
| LNR (ASX) Chart |