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Dont think the 2nd tranche will be priced into the SP on...

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Ironstav

112 Posts.

63

08/05/24

10:37

Post #: 73720470
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Originally posted by WoodySpoon: ↑

Correction the SP soon has 43 cents cash backing from the GF sale and then the $69 million cash on hand - 5.3 cents per share? Round it down.

So company has soon to be cash backing of 48 cents + and out of Mali. Plus 1.5% of gross revenue ongoing - $4 mill per year?

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Dont think the 2nd tranche will be priced into the SP on opening..

LLL Price at posting: 50.5¢ Sentiment: Hold Disclosure: Held
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