Nice!
Can be read several ways.
Completion of Substantial acquisition and CR, or
Completion of Substantial acquisition AND CR - being two different elements.
Given cash at bank, the (substantial) acquisition is more than likely performance based buy in. Low outlay with exploration required over time, earning % and payment of royalties on production - like we have with Terrativa at Salobo.
This would require a CR, to further fund the requirements of the acquisition. This CR will also fund drilling SW..
IMO I'm guessing a local acquisition that will see us have year round exploration and not hindered by Brazil wet seasons..
Focus shifted from IO to IOCG at the right time - maybe a shift to Li??
Either way it appears the MC is about to add up to 50% to current levels I would think.. Sell orders being pulled and lifted up the queue - always a good sign
Given a few red days, plenty of ppl will be looking to get on anything with a positive price sensitive ANN come Friday..
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Nice! Can be read several ways. Completion of Substantial...
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Last
32.0¢ |
Change
-0.030(8.57%) |
Mkt cap ! $153.8M |
Open | High | Low | Value | Volume |
34.5¢ | 34.5¢ | 30.5¢ | $330.3K | 1.046M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 225647 | 31.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.0¢ | 13670 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 225660 | 0.315 |
7 | 79767 | 0.310 |
8 | 263464 | 0.305 |
13 | 138488 | 0.300 |
4 | 58537 | 0.295 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 10095 | 3 |
0.325 | 6450 | 1 |
0.330 | 6580 | 2 |
0.340 | 6450 | 1 |
0.345 | 50000 | 2 |
Last trade - 15.00pm 19/08/2024 (20 minute delay) ? |
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