It means the company has the option to elect to acquire up to an 80% interest in those permits.
I can't recall the terms of the option agreement, but the option to acquire the interest will be subject to the company issuing shares/paying cash to exercise that rights.
The company has no obligation to do so if it does want to.
It means the company has the option to elect to acquire up to an...
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Last
3.1¢ |
Change
-0.001(3.13%) |
Mkt cap ! $9.676M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.3¢ | 3.0¢ | $253.7K | 8.098M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 600000 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 350000 | 2 |
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| Last trade - 14.21pm 28/08/2024 (20 minute delay) ? |
| A1G (ASX) Chart |