Cheers,
Mkt cap undilited circa $108m at 42c and expected cash on hand (inc JV share) is approx $35m?
Jv share approx $14m (40% on say $35m)
LOM cash at bank $21m
Is that correct?
Why is 70% share and not 40% as per equity holding? Ultimately it will be 30%?
Excuse me for my ignorance, I don't hold nor have I researched this company yet. Just want to understand more.
In May 2014, the authorization for the
kimberlite exploration and mining was
gazetted. The equity distribution is: ENDIAMA
51%, Lucapa Diamond Company Ltd 39%*,
Rosas e Petalas S.A. 19%(*This interest will
be reduced to 30%after recoupment of the
investment.).
TIA
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Cheers, Mkt cap undilited circa $108m at 42c and expected cash...
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Mkt cap ! $14.50M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 5.0¢ | $624 | 12.47K |
Buyers (Bids)
No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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5.5¢ | 2337 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 70000 | 0.049 |
1 | 100000 | 0.048 |
1 | 150000 | 0.047 |
1 | 40000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 2337 | 1 |
0.060 | 66833 | 1 |
0.061 | 15000 | 1 |
0.062 | 120000 | 1 |
0.065 | 80000 | 2 |
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