What a great deal.
Sounds like EMC just made a AUD $200,000 increase in value on the deal at Trident Li.
This does seem to show well constructed strategy and foresight from management.
It also means they could sell the shares over time, get at least 700k and then still be in the ring for a 1.5% royalty, or choose to put 10% of funds in to stay as a 10% holder overall.
Not even mining, yet still making profits.
This is how small caps get up and running into bigger leagues...ie when they can support themselves somewhat instead of constantly handing the cap around.
For me, this is a big tick on the board.
- Forums
- ASX - By Stock
- EMC
- Ann: Milestone payment to EMC triggered at Trident Li Project
Ann: Milestone payment to EMC triggered at Trident Li Project, page-2
-
-
- There are more pages in this discussion • 24 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 EMC (ASX) to my watchlist
|
|||||
Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $20.49M |
Open | High | Low | Value | Volume |
11.5¢ | 11.5¢ | 11.0¢ | $6.06K | 54.45K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 147618 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 33140 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 147618 | 0.105 |
6 | 328644 | 0.100 |
1 | 150000 | 0.099 |
1 | 10800 | 0.098 |
1 | 27000 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 33140 | 1 |
0.115 | 9750 | 1 |
0.120 | 182198 | 3 |
0.125 | 400000 | 1 |
0.130 | 119384 | 4 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
Featured News
EMC (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online