'Arc Minerals agrees option to sell Šturec project for US$8mln plus royalty'.
So from my understanding of this transaction, MTC will pay $750000 to Arc and they (Arc) will be eligible for royalties capped at a specific level. So the sturec asset value alone exceeds the current market cap of MTC.
'Arc Minerals agrees option to sell Šturec project for US$8mln...
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Last
23.5¢ |
Change
-0.010(4.08%) |
Mkt cap ! $46.04M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 24.5¢ | 23.0¢ | $32.37K | 136.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 33695 | 2 |
View Market Depth
| Last trade - 13.29pm 09/07/2024 (20 minute delay) ? |
| MTC (ASX) Chart |