There is no offer at 31c. The purchase of the resource is equivilent to 31c per share, but the company is yet to explain where the money will be allocated.
$68m after expenses and loan repayments.
The sp value will be driven by allocation to share buy backs, exploration, special divy, working capital etc.
Until Stephan tells us (and MC rells him) we are all in the dark.
I feel priority should go to Croydon with gold on tare and good assays from 3 years ago this has strong potential. I am sure they have worked out the allocation but just waiting on the funds trf from RIO
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Last
24.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.81M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 22.5¢ | $1.603K | 6.718K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2127 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 48415 | 3 |
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| Last trade - 15.52pm 13/06/2025 (20 minute delay) ? |
| CZR (ASX) Chart |