MEG 0.00% 1.0¢ megado minerals ltd

Ann: MEG to Acquire US High-Grade Rare Earth Element Project, page-16

  1. 230 Posts.
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    Apologies, it's basic math and you're correct. I got fooled by looking at the numbers online where it's always showing a Mkt cap of around $8M. Looks like there are some shares not being counted for some reason.

    Agree the Mkt cap has skyrocketed from the 4M we were sitting at to the upcoming $29M once acquisition is over, def not cheap.

    Surprised also by the big change in scope as we were focussed on Ethiopian Gold (the company name itself "Megado Gold").
    I have no clue on what to expect from the SP and what could be our potential right now... Hope they don't drop the focus on Ethiopia
 
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