Australia's largest stock trading and investment forum Australia's #1 stock forum

MRQ

Click for more information

0.00%

0.2¢ mrg metals limited

"20 times from our current position, or roughly 50-60 cents per...

First 31 Last

Share
Profile

Follow
DrSanchez

321 Posts.

70

26/07/23

18:00

Post #: 68997128
Share

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!

Expand

"20 times from our current position, or roughly 50-60 cents per share" huh?

Current position 0.3c sp @ 5Mmc x 20 = 6c sp @ 100Mmc

MRQ Price at posting: 0.3¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 29 more messages in this thread...

First 31 Last

Add MRQ (ASX) to my watchlist

(20min delay)
Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $3.788M

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

Buyers (Bids)

No.	Vol.	Price($)
55	122222540	0.1¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	73174758	38

View Market Depth

No.	Vol.	Price($)
55	122222540	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	73174758	38
0.003	35856922	26
0.004	17781722	17
0.005	7069417	7
0.006	3156683	4

Last trade - 16.12pm 15/05/2024 (20 minute delay)

MRQ (ASX) Chart

Day chart unavailable

SPONSORED BY