ENT 0.00% 0.4¢ enterprise metals limited

Ann: Trading Halt, page-7

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  1. 875 Posts.
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    Born2run wrote: "ENT is nothing but a shell company. They do nothing. Have done nothing. I am glad I sold out some time ago"

    I don't think you have any understanding of what they have, nor the strategy in place to achieve it.

    ENT have been running with very minimal dilution for a couple of years, with minimal expenditure, with minimal cap raisings ... yet by means of the JV arrangements with Sandfire, ENT shareholders are getting millions spent on our ground, without ENT shareholders having to cough up the money ourselves. Yes - we will get diluted down by that process if something is found ... which is a much better outcome than doing nothing and nothing being found. Sandfire appear to be very experienced explorers, and bully to them if they find something on our ground.

    And if nothing is found, we won't be diluted, because we haven't spent our money on the exercise. That's a very reasonable position to take. Talisman next door has just agreed to accept $70m from Sandfire for their (Talisman's) share of what has been found on Talisman's ground by Sandfire ... and many consider that short-changing Talisman.

    There is a lot happening on ENT ground, so it's a very exciting time to be an ENT holder. Am sorry to hear that you have excluded yourself from taking part in whatever is about to unfold.
    Last edited by chicodechico: 12/07/18
 
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Mkt cap ! $4.713M
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0.5¢ 0.5¢ 0.4¢ $10.63K 2.133M

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No. Vol. Price($)
2 4820167 0.4¢
 

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Price($) Vol. No.
0.5¢ 2600000 3
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