Nope. Maybe. Who knows?
In simple terms,
The JV people or the negotiators, likely one and the same have decided that we are a JV opportunity that suits their exploration strategy.
Negotiations are complete as far as the "the commercial terms" are concerned.
Due diligence is being undertaken regarding investing in the Seychelles (govt and major have already sat down) and due diligence is being undertaken regarding WHL energy, books open etc....these are precedents pertaining to this type of LOI.
Like any major commercial decision, it must now pass their final internal approval process. Upon a positive outcome we will be advised of our new partner and the terms agreed.
This is my understanding of where we are to date.
There are hundreds of LOI variations and wordings Scobie.
It is my understanding also that as per Steve Noskes BRR interview the company still hopes to update the market within the timeframe stated.
Not too long now.
Cheers
- Forums
- ASX - By Stock
- back end of april .update??
Nope. Maybe. Who knows?In simple terms,The JV people or the...
-
- 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)
Featured News
Add ZMM (ASX) to my watchlist
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.773M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 615332 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 139 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 615332 | 0.009 |
2 | 182500 | 0.008 |
1 | 200000 | 0.007 |
2 | 750000 | 0.006 |
1 | 100000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 139 | 1 |
0.015 | 8242 | 1 |
0.016 | 333333 | 1 |
0.032 | 617 | 1 |
0.039 | 1281 | 1 |
Last trade - 16.12pm 27/08/2024 (20 minute delay) ? |
Featured News
ZMM (ASX) Chart |
Day chart unavailable
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online