How do you think they'll fund an acquisition? They'll need a JV partner for capital first. Do they spend that on butchers or do they buy somewhere else?
It's a throwaway line to get naive punters excited without actually doing anything material.
Butcher's needs more drilling to make production anywhere near economically viable.
Ann: Successful Capital Raising to Fund Ongoing Development, page-22
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MEI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.1¢ |
Change
-0.004(4.21%) |
Mkt cap ! $206.6M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 9.5¢ | 9.0¢ | $447.4K | 4.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1845822 | 9.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.2¢ | 102829 | 4 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| MEI (ASX) Chart |