SBL, the MLX holding in WGR (currently about 25%, I think)could be in play.
However, rather than RMS just taking a stake in WGR, I would prefer to see a straight-out purchase of their Murchison assets (the old Fulcrum tenements, before AAG came on the scene?).
That would give WGR some much-needed cash to develop Rover, as you suggested, and leave RMS free to develop their position in the Murchison without the constraints of a JV.
Mike
capital raising ?, page-154
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Last
$1.87 |
Change
-0.070(3.61%) |
Mkt cap ! $2.137B | |||
| Open | High | Low | Value | Volume |
| $1.93 | $1.93 | $1.87 | $4.239M | 2.259M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1484 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 28072 | 3 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| RMS (ASX) Chart |