Oh Yes, Big picture is looking just like this:...............
Summary :
1: Initial offer received in January when Gold price $2,000 ---> TODAY BIG 18% Increase to $2,340
2: Npv has increased from Scoping study from around $600 million ---> TODAY BIG 50% Increase +$900 million.
3: Silver price when offer received in January was $22 ---> TODAY BIG 27% Increase.
4: Mining licence know RECEIVED !! --- Yipeeee PRICELESS !
5: Only thing that hasn't increased is the shareprice ---> Let's call that our OPPORTUNITY !
So, what will the Small Capital Raise be if they don't sign the definitive Agreement within the next few weeks ?
Where was the Gold price when Chifeng were happy to pay 40c for a placement you ask yourself ?
So if Chifeng were happy to pay 40c with NO MINING LICENCE & a much lower $1,800 Gold price & NO BID on the table, then will they be happy to participate in a small placement at say 40c AGAIN when there is a total 62c offer on the table & all of the above ????
I'll make the bold statement that if they do a small placement to enable themselves longer to negotiate then it's going to be at a PREMIUM & not a discount as the market is expecting here at 18c...
- Forums
- ASX - By Stock
- Ann: Underground Mining Activity Permit Extended at Sturec
Oh Yes, Big picture is looking just like...
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MTC (ASX) to my watchlist
(20min delay)
|
|||||
Last
27.0¢ |
Change
0.020(8.00%) |
Mkt cap ! $51.01M |
Open | High | Low | Value | Volume |
25.5¢ | 27.0¢ | 25.5¢ | $121.3K | 458.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3769 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 79031 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3769 | 0.260 |
3 | 31750 | 0.255 |
4 | 172003 | 0.250 |
2 | 83836 | 0.245 |
3 | 140000 | 0.240 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 66013 | 5 |
0.275 | 145577 | 3 |
0.280 | 56000 | 1 |
0.285 | 54000 | 1 |
0.290 | 50000 | 1 |
Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
Last
26.5¢ |
  |
Change
0.020 ( 6.00 %) |
|||
Open | High | Low | Volume | ||
26.0¢ | 27.0¢ | 26.0¢ | 85340 | ||
Last updated 15.58pm 10/05/2024 ? |
Featured News
MTC (ASX) Chart |