Newmarket can acquire 90% of any 2012 JORC compliant gold and silver deposit within 6 months of resource being announced by paying 3x expenditure - From Preso.PNX do not have a choice. I understand the overall strategy and I hope they pull it off. It would just be a shame to find something significant and lose 90% of it for only 3x cost of a few rc programs and a resource estimate. I would only be drilling gold targets if they seemed like a no brainer and aggressively pursuing base metal targets. SP seems to be at near a low so it is possibly a good time to buy. Just how long do we have to wait and how much dilution till something eventuates. Fingers crossed for a positive outcome.
Newmarket can acquire 90% of any 2012 JORC compliant gold and...
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Mkt cap ! $23.88M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1K | 250K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 28 | 29537086 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.5¢ | 18591234 | 10 |
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| Last trade - 10.06am 14/06/2024 (20 minute delay) ? |
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| 0.4¢ | 0.4¢ | 0.4¢ | 301000 | ||
| Last updated 14.43pm 14/06/2024 ? | |||||
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