Any revenue will show up until the half yearly report one would...

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21/04/23

08:24

Post #: 67387778
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Any revenue will show up until the half yearly report one would suspect.

Originally posted by jophda: ↑

Hi Old Geo
The options cost them nothing , but they do have value to them , they were the steak knives of the deal .
They are a free play on the MEL share price going above 2.5 cents during the period that they are live .
They will only be taken up if they are in the money .
They do have a cost though and it can be very high , however that cost is born by the share holders that don't have the options because of the dilution of ownership of shares issued below the Market price if they are redeemed .

I agree with Stumpy that the loan deal is comparable to other similar loan deals for micro explorers moving towards first revenue .
It does not seem particularly onerous and up until this stage it has been profitable but without being a bonanza result for Keybridge .
If they thought that production was going to produce a huge jump in MEL,s share they would not be selling at 1.9 .

Don't think we can just blame Keybridge ,
VEN is suffering the same malaise in its share price .
Lets hope that the cashflow from production shows that selling at the current share price was over pessimistic .
Don't think we will see much in the next quarterly , it will be the one after that that will be the most informative for the business going forward .

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MEL Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.3¢		Change 0.001(25.0%)		Mkt cap ! $4.592M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$7.276K	2.910M

Buyers (Bids)

No.	Vol.	Price($)
8	6630498	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	10843632	8

View Market Depth

No.	Vol.	Price($)
8	6630498	0.002
11	38890998	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	10843632	8
0.004	3847000	5
0.005	1000000	1
0.006	311675	1
0.008	100000	1

Last trade - 14.16pm 30/07/2025 (20 minute delay)

MEL (ASX) Chart

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Any revenue will show up until the half yearly report one would...

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