The other interesting thing in this quarterly is the fact the BME mine will shortly be put on ice (due to that troublesome power line) with staff/equipment being demobilised and moved to ES. Considering this outcome, Bowen management did very well agreeing to sell 10% of that asset. The $13M cash received, together with the royalty due, implied a value in excess of $130M just for BME... which is basically where the entire company's market cap is now sitting at. MPC Lenton can't be too thrilled about that...
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-19
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Last
6.3¢ |
Change
-0.002(3.08%) |
Mkt cap ! $179.4M | |||
| Open | High | Low | Value | Volume |
| 6.5¢ | 6.5¢ | 6.1¢ | $131.8K | 2.099M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 167657 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 60426 | 1 |
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| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
6.2¢ |
Change
-0.002 ( 3.13 %) |
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| Open | High | Low | Volume | ||
| 6.4¢ | 6.4¢ | 6.2¢ | 396742 | ||
| Last updated 15.55pm 03/06/2024 ? | |||||
| BCB (ASX) Chart |