Correct me if im wrong.
My understanding is that BMD can secure a 50% share in the company for A$20 million.
*5 million stage 1
*5 million stage 2 prefeas
*10 million stage 3 bankable.
Current shares on offer 2.26bn, so at the completion of the bankable study if no other capital rasing or options are issued MGT will have 4.52 bn shares minimum
A$.01 company valued at 45 million
A$.05 company valued at 226 million
A$.20 company valued at 904 million
This is for a company with
0$ in bank
0$ in revenue
At this stage they would then need to again go and capital raise to find the billions for the mine.
What would you value this opportunity
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Last
26.5¢ |
Change
-0.005(1.85%) |
Mkt cap ! $26.08M |
Open | High | Low | Value | Volume |
27.0¢ | 27.5¢ | 26.5¢ | $64.47K | 241.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 27.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.0¢ | 25438 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.270 |
1 | 19369 | 0.265 |
2 | 11538 | 0.260 |
2 | 12800 | 0.255 |
7 | 50883 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 25438 | 1 |
0.290 | 34567 | 1 |
0.295 | 200000 | 1 |
0.320 | 285000 | 1 |
0.350 | 2000 | 1 |
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