Agree with all your comments.
As I see it the company is basically funded for all admin and R&D relating to the four ongoing initiatives so my guess is it is either
1. A JV company with one of those four partners to jointly go into production manufacturing printed inks, batteries or whatever it is with our side to be funded by shareholders, or
2. A spin off or a JV to fund exploration and a pre-feasibility study to develop the cobalt deposit.
Seems to me someone got wind of the "initiative" a couple of weeks back and sold out so my guess is we are going to be asked to cough.
Ann: Trading Halt, page-8
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Last
59.5¢ |
Change
-0.005(0.83%) |
Mkt cap ! $225.9M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.3¢ | 59.0¢ | $451.3K | 750.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2202 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 23000 | 1 |
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| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
60.0¢ |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 61.0¢ | 61.0¢ | 59.5¢ | 115724 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| TLG (ASX) Chart |