-12m cash in the bank
-new cracow acquisition will mean 80m cash revenue over next two years to explore current tenaments
-ceo took Agincourt resources from 2m market cap to an Oxiana led 400m+ takeover
-ceo then says to Oxiana i'll take back all of the choice Agincourt tenaments and in exchange Oxiana can have 10% of ceo's new creation, Beadell.
-i REPEAT in effect: all of the prime Agincourt tenaments (which were sold as part of the entire company for over 400 million) are now in Beadell - which is capitalised at a tenth of 400 million
Oxiana has a major stake
the CEO has invested a million of his own dollars to own a sizable chunk of the company
Gold prices are rising
Co. is going to be rerated v v soon in line with the June 30 acquisition of Cracow - from explorer to producer!!
Anyone else here agree that this is not rocket science?
- Forums
- ASX - By Stock
- ex western mining and agincourt resources
-12m cash in the bank-new cracow acquisition will mean 80m cash...
-
- There are more pages in this discussion • 9 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 BDR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online