Wow! This is not too shabby! Assuming 120m SOI then its a package worth approximately 10cps of which 5cps is cash. Given last weeks SP was 9.6c you would assume the current SP would be 19.5c. Clearly there will always be a discount but in this case it appears to be around 90%!!!
If the deal reaches fruition this is bargain basement buying. Market is valuing the entire Barkly project this morning around 0 to 1cps.
Bought a whole swag this morning around 11c.
Ann: Sale of Sandstone Gold Project, page-4
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1.3¢ |
Change
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Mkt cap ! $2.832M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $2.619K | 200.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 349000 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 136723 | 2 |
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