AZY 4.35% 1.1¢ antipa minerals limited

-Give up 30% to Newcrest, Build a road and toll treat it at...

  1. 339 Posts.
    lightbulb Created with Sketch. 161
    -Give up 30% to Newcrest, Build a road and toll treat it at Telfer, with Newcrest having an obligation to spend another X amount of millions on drilling Minyari dome to death. Although the size yet isn't comparable, Minyari is now far more advanced than what Havieron was when they did a JV with GGP. I'd prefer a way to limit significant dilution from this point, and getting towards a production scenario as quick as possible. That 30% was just a pie in the sky value, something Newcrest may not even consider, but as an Antipa shareholder, any percentage higher than 30 would seem like a huge loss

    -Selling Citadel to Rio, see what they would be willing to cough up for our 35%

    I really don't know which way this will drive itself towards production, but there are "options", and it'll be very interesting to see how the board unlock shareholder value from this point on
 
watchlist Created with Sketch. Add AZY (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
-0.001(4.35%)
Mkt cap ! $45.48M
Open High Low Value Volume
1.1¢ 1.2¢ 1.0¢ $18.62K 1.686M

Buyers (Bids)

No. Vol. Price($)
1 58771 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 7305314 12
View Market Depth
Last trade - 15.59pm 02/05/2024 (20 minute delay) ?
Last
1.1¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
1.2¢ 1.2¢ 1.1¢ 319799
Last updated 15.04pm 02/05/2024 ?
AZY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.