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0.1¢ mrg metals limited

20 x current position is 6c not 60c

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YB86

4,934 Posts.

391

26/07/23

13:34

Post #: 68990749
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Originally posted by WolfgangH ↑

This is fantastic news, well done to all holders as wow this has been a rollercoaster on the down slope!

If this JV goes ahead, it is massive for MRQ.

Currently, our MCap is roughly 5 Million

The NPV is about 400 million, and normally once producing, a company is valued at 100% of NPV.

If we get our 25% of the JV, that would value us at roughly 100 million.

That is a full 20 times from our current position, or roughly 50-60 cents per share.

And without an extra cent paid by us. Dilution will likely come from the 500K invested at 4 cents, but this gives an indication of how good this deal may be.

Well done all, and let's cross fingers all goes ahead!

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20 x current position is 6c not 60c

MRQ Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.1¢		Change 0.000(0.00%)		Mkt cap ! $2.525M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
65	125355439	0.1¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	60222415	35

View Market Depth

No.	Vol.	Price($)
65	125355439	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	60222415	35
0.003	40142477	28
0.004	17281722	16
0.005	5565417	6
0.006	3656683	5

Last trade - 16.12pm 03/05/2024 (20 minute delay)

MRQ (ASX) Chart

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