Don't think they will get much for it, more likely to be a royalty deal with GOR if they do in fact sell.
BRB - Breaker resources (very similar and tight corporate structure to MZM) sold their Yamarna ground to GOR for a song at the end of May 2016 to focus on their Lake Roe project. After bailing out their share price has run from sub 20 to a recent high of $0.75 with a multi over subscribed institutional fund raising about a week ago at $0.50.
http://www.asx.com.au/asxpdf/20160531/pdf/437lhf96t7bxqy.pdf
There is life after Yamarna.
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No. | Vol. | Price($) |
---|---|---|
7 | 65428 | 20.5¢ |
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Price($) | Vol. | No. |
---|---|---|
21.0¢ | 5000 | 1 |
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7 | 65428 | 0.205 |
7 | 90662 | 0.200 |
1 | 10000 | 0.185 |
3 | 75528 | 0.180 |
2 | 15882 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 5000 | 1 |
0.215 | 23170 | 2 |
0.220 | 27777 | 1 |
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