Kimberley is an 80% owned subsidiary of MCT not a separate entity purchasing the asset.
from the last half yearly:
"During the financial year end 30 June 2021, following an extensive process to divest the Admiral Bay Project,
which is currently held by the Group’s ~80% owned subsidiary, Kimberley Mining Limited, the Board elected to put
the Admiral Bay Project on care and maintenance and impair the carrying value of the Admiral Bay Project to $nil.
Expenditure incurred in each period subsequent to the Board electing to put the Admiral Bay Project on care and
maintenance is fully impaired at the end of each period."
Kimberley is an 80% owned subsidiary of MCT not a separate...
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| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 48348273 | 0.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 49853192 | 57 |
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