The dilution is the big worry but if as some posters particularly @roblun suggest that drilling did not go deep enough and assays targeted false ranges, then the value of MT Thirsty is enormous. Remember Conico directors hold heaps of shares and want to keep some control until the metal prices rise and maybe a buyout happens note also it will be impossible to mount a shareholder revolt against the board.
We are in there hands.
Ann: Placement and Pro-Rata Non-Renounceable Rights Offer, page-15
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Mkt cap ! $1.805M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $39.45K | 39.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 6 | 30225972 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.2¢ | 19317208 | 26 |
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| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.1¢ | 0.1¢ | 0.1¢ | 15160000 | ||
| Last updated 10.37am 05/06/2024 ? | |||||
| CNJ (ASX) Chart |