I think you may need to refamiliarize yourself with the 80m Performance Rights tranches and hurdles.
i. 20m for being employed for 2 years;
ii. 10m for 1.25Moz at 1.3g/t;
iii. 20m processing 10koz at their plant
iv. 10m Gold production exceeding 100koz... in total
v. 10m at $50m MC OR 20-day VWAP 0.04. What is the MC now at 0.015?
vi. 10m at $75m MC or 20-day VWAP 0.04.
It seems to me AR can earn most, if not all of these, with the SP at around the current level.
Ann: Momentum Building with High Grades at Second Fortune Mine, page-8
Add BTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $82.25M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $108.0K | 6.013M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 5135717 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 5152313 | 11 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| BTR (ASX) Chart |