MZM story still undiscovered IMO
MZM could get $8-10m alone following Auvex listing. They will use this to drill Peak Hill holdings & no need to raise funds fron shareholders.
Full-scale production is expected to ramp up to a targeted rate of 300,000 tonnes per annum from early 2010.
Montezuma holds 10M shares in Auvex, approximately 14% of the issued capital. Auvex has signed a mandate with Macquarrie Equities Limited and expects to lodge a prospectus for it’s IPO and to achieve listing on the ASX in December 2009.
$4m to come next year from Iron Ore int. also.
About to get noticed!
Ann: New Zone Discovered in Naracoota , page-4
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Last
21.5¢ |
Change
-0.015(6.52%) |
Mkt cap ! $46.18M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.0¢ | $24.87K | 117.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 22492 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 5984 | 4 |
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| Last trade - 12.11pm 29/07/2024 (20 minute delay) ? |
| E25 (ASX) Chart |