Hi Cocoman,
It is difficult to assess why the purchase of new EPLs takes a bit longer.
There may be different reasons.
Due diligence is one of them. Askari has to make sure that the legal rights on the EPLs are secure, land holders are consulted and of course the resource prospectivity of the EPLs need to be tested and proven to minimise risk.
We also do not know how many licenses they are currently reviewing and if there is a tender process how many other bidders are interested in these licenses.
Askari has a first mover advantage, but they probably want to seal deals for all or most EPLs of interest at the same time.
A lot of things to consider to get value for our money.
The more EPLs Gino is able to secure the bigger the value add to the business.
Let's wait and see.
Probably sometime this month to be announced?
K
- Forums
- ASX - By Stock
- Ann: Quarterly Activities Report
Hi Cocoman,It is difficult to assess why the purchase of new...
-
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AS2 (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.8¢ |
Change
0.001(2.13%) |
Mkt cap ! $4.689M |
Open | High | Low | Value | Volume |
4.8¢ | 4.8¢ | 4.8¢ | $344 | 7.184K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 44066 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 107896 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 44066 | 0.048 |
1 | 3000 | 0.047 |
1 | 3000 | 0.046 |
4 | 20500 | 0.045 |
1 | 26200 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 107896 | 1 |
0.053 | 49847 | 1 |
0.055 | 50000 | 1 |
0.056 | 14705 | 1 |
0.057 | 57710 | 1 |
Last trade - 15.45pm 21/06/2024 (20 minute delay) ? |
Featured News
AS2 (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online