SOC
That was on the nose, they let it trade for 15 minutes and someone buys 10M in a single line then they announce JV funding ?
Also, does someone want to teach them simple maths - they are claiming the JV values it at $10M ?
They spend $1.5M on exploration for 45% and a further $500k for 5% - so that to me reads $2M for 50%
100% would then imply a $4M valuation
I think they are being cute saying they are paying $500k for 5%, so that values it at $10M - muppets
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Day Trading July 28 Morning, page-52
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