This is what patient holders have been waiting for. I'm absolutely stoked with the outcome.
The project will put us among peers of ASX: PMT ($358m market cap) and ASX:WR1 ($338m market cap).
While the consideration of 6m shares may not seem a lot at today's price it actually is a big % of the company and so vendors could do very handsomely out of it. Imo this was as much about RBX finding a good project as it was the vendor finding an appropriate company and capital structure (i.e low shares on issue). Anyway, pretty happy here
Ann: Option to acquire two James Bay Lithium Projects, page-4
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Mkt cap ! $2.480M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28571 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 100000 | 1 |
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