Way more than that mate!
$20m USD available funding for exploration over 4 years, that is $30m AUD, and so could argue we should be worth 8.5c today
However it's then $36m USD / 54m AUD available PER SEPARATE DEFINED PROJECT in the earn-in phase. As a result I feel like 10c is fair. I'm assuming we won't see that in the next day or two because this is the ASX and it can really be a pain! But I think it's fair
All this and we keep the jewels in our crown untouched and unblemished.
Bloody good deal
Ann: Kingsrose & BHP enter Industry-Leading Exploration Alliances, page-5
-
- There are more pages in this discussion • 75 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
