Graham clearly states (https://vimeo.com/930462443) that existing NVX/LEL SHs will have "priority rights" into the IPO which may be scaled back if oversubscribed.
The $15, 20 or 25m raised will be used to infill drill between the tenements which may well increase graphite resources with the LEL pilot plant plans construction the end goal.
IMO, the merger will be led by LEL as the Burke Minerals subsidiary is changing its name to Axon Graphite and Graham will probably lead the development.
- Forums
- ASX - By Stock
- LEL
- Ann: Merger & IPO Spin-Out of LEL and NVX Natural Graphite Assets
Ann: Merger & IPO Spin-Out of LEL and NVX Natural Graphite Assets, page-47
-
-
- There are more pages in this discussion • 85 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LEL (ASX) to my watchlist
|
|||||
Last
32.8¢ |
Change
-0.018(5.07%) |
Mkt cap ! $36.68M |
Open | High | Low | Value | Volume |
35.5¢ | 35.5¢ | 32.0¢ | $47.47K | 141.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 32.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 12517 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.320 |
1 | 10000 | 0.310 |
1 | 10000 | 0.300 |
1 | 32280 | 0.280 |
1 | 20000 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 12517 | 1 |
0.360 | 14300 | 2 |
0.370 | 29500 | 2 |
0.375 | 41902 | 2 |
0.380 | 1724 | 1 |
Last trade - 15.54pm 30/08/2024 (20 minute delay) ? |
Featured News
LEL (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online