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0.7¢ bastion minerals limited

Ann: Transformational Canadian Lithium Portfolio & Royalties, page-5

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M Sugar

2,609 Posts.

332

05/12/22

11:30

Post #: 65151385
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Originally posted by tin_shed_trader: ↑

I am having trouble getting my head around the size of this deal ;

-Bastion has the right to acquire 130 mining properties in Quebec and Ontario representing more than 11,200 mining cell claims across more than 2,250 square kilometres

-53 lithium properties with Net Smelter Royalties (NSR) and contracted agreements located in all the major lithium camps in Ontario

-The average NSR across the optioned projects is 1.55%, of which an average of 0.63% of the royalty can be purchased from Bastion for a combined total of up to C$46,750,000

-BSO can receive cash inflows from outstanding cash option payments over the term of these contracted lithium sale agreements up to approximately C$4,900,000 (~A$5,400,000)

Al this for $6m MC ????????????????

What am i missing

This should be 30 cents on this announcement $30m MC

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Sounds to good to be true for a 6M M/C

In today

Must be worth 10 to 15 m M/C at least to begin

BMO Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $3.600M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
4	1650666	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	1789177	6

View Market Depth

No.	Vol.	Price($)
4	1650666	0.006
10	4369576	0.005
12	6253249	0.004
2	933333	0.003
2	1700000	0.002

Price($)	Vol.	No.
0.007	1789177	6
0.008	1897733	6
0.009	3721232	6
0.011	662000	1
0.012	1000000	1

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