By the time we reach the RIO $10 million kickin it would signify there is a sizeable proven lithium deposit, and that would be reflected in a decent CHR share price way above what we are at today. At that point of time we would still hold 49% and RIO 51%. Doubt RIO would go the next level where they need to kickin the next $30 million to achieve the 75% equity position. By then it would make more sense to have done a takeover for CHR and get 100% ownership. In fact if they do even reach the $10 million kickin point I reckon a takeover would be on the cards leading up to it. Whichever way you cut it, today was good news unless you wanted to CHR to retain 100 % ownership and its current management team
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7.0¢ |
Change
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Mkt cap ! $5.419M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9900 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.6¢ | 32098 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9900 | 0.070 |
1 | 14750 | 0.067 |
2 | 39259 | 0.065 |
2 | 115469 | 0.064 |
2 | 101746 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.076 | 32098 | 2 |
0.083 | 12000 | 1 |
0.097 | 30000 | 1 |
0.115 | 10000 | 1 |
0.120 | 48000 | 1 |
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