Agreed Hags, great outcome. I've looked at this area a few times and even modelled it, the only problem that half of the deposit was on the Anglo-Exxaro MDL and half was on Stanmore's EPC, so could never work without mutual agreement. $15m upfront and $20m deferred consideration (plus royalty) is a bargain for this area. Going to take a few years to get approved but probably ties in nicely with completion of Isaac Downs.
BTW this seems a bargain at $2.87, I'm going to buy some more for LT hold.
Ann: Isaac South Project - Designated Area Agreement, page-3
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Last
$1.92 |
Change
0.050(2.67%) |
Mkt cap ! $1.730B | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.94 | $1.88 | $2.318M | 1.210M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2703 | $1.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 35515 | 4 |
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| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| SMR (ASX) Chart |