I think the best thing the company could have done is get rid of that royalty, it means we keep 100% of the cash flows, not having to be shared anymore, plus we can get better financing deals, and it would add like +10% to any NPV...massive news and well done to get rid of it. I suppose 6 million shares is a lot, but at least they are with someone that cant really sell!!!
I think the best thing the company could have done is get rid of...
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19.0¢ |
Change
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Mkt cap ! $37.40M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 17.5¢ | $61.05K | 341.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 70514 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 103864 | 2 |
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| Last trade - 15.58pm 21/08/2024 (20 minute delay) ? |
| MTC (ASX) Chart |