What Spec said. Annual cost to have a tenement mothballed is lower than the cost to find and acquire a new one if things don't work out with the company's main projects. it's all about having an exploration pipeline.
In the meantime, if the top 3 projects are successful and the focus is squarely on them, the other tenements could possibly be sold off.
In the end the 'Recon' and 'non-operated jv' tenements are assets
What Spec said. Annual cost to have a tenement mothballed is...
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$1.26 |
Change
0.105(9.13%) |
Mkt cap ! $488.2M | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.28 | $1.18 | $6.755M | 5.487M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19991 | $1.26 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 6335 | 2 |
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