Touquoy,
My hypothetical JV was more of an illustration into how atv may lose a large share of Touquoy to allow a mine to be built. And thus a reasonable explanation of why the MC is only 20mill.
Do you feel that it is reasonable that in a JV atv may lose 1/3 of their interest in Touquoy, reducing their interest to only 40%?
Do you have any realistic explanations/ideas on how the mine could get financed and the subsequent dilution implications for shareholders?
Please refrain from speculation that they will find a 10 mill oz reserve in the next 12 months boosting the share price to $1 enabling a simple cap raising and debt. Try to have a realistic view of what is ahead for this company.
The reason the MC is 20mill is not due to poor advertising. It is because this is an extremely risky business.
Touquoy, My hypothetical JV was more of an illustration into how...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ATV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.89M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21739 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 7199 | 1 |
View Market Depth
| Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
| ATV (ASX) Chart |
Day chart unavailable