You must be new to this game?
A mou costs nothing. It locks down minerals for future use. No money change hands so no risk.
Simples.
I wonder if they found out about the street talk about ARL inflating mineral prices by around 30% (from memory)?
Happy to be corrected.
All in my opinion and not investment advice.
Do your own research.
Ann: Successful A$16M Capital Raising, page-34
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Last
39.5¢ |
Change
-0.005(1.25%) |
Mkt cap ! $78.87M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 39.5¢ | $43.70K | 110.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 29740 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 3500 | 1 |
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| Last trade - 15.45pm 01/11/2024 (20 minute delay) ? |
| ARL (ASX) Chart |