Put it this way, the cost of exploration will be covered in the market cap plus some when Manna becomes a 50Mt+ stand-alone deposit.
And if MBLP can become a 15Mt to 20Mt deposit then that could be sold off to focus on Manna. MBLP could be worth in excess of $150m if all goes well.
Ann: Large Scale Exploration Programs Underway, page-3
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Last
19.5¢ |
Change
-0.015(7.14%) |
Mkt cap ! $50.81M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 18.0¢ | $644.8K | 3.265M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18727 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 10229 | 2 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| GL1 (ASX) Chart |