I think it needs to be Mothae. A few points:
1. A $20M stone from Mothae is worth more to us than a $30M stone from Lulo (70% x $20M = $14M; 40% x $30M = $12M)
2. We sell Mothae stones on our terms, and don't have to wait months for the cash.
3. A significant Mothae find would re-rate the whole going forward potential of the project.
4. Big Lulo stones are rather ho-hum now. Only a record breaking stone would warrant a halt.
I think it needs to be Mothae. A few points:1. A $20M stone from...
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4.3¢ |
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Mkt cap ! $12.47M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35000 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 112000 | 1 |
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