I think it is in J Resources interest for the unification of the 2 resources to go ahead, it is a win-win for all.
My guess is that J Resources is holding out for more than a 40% ownership share. It may be a case of who blinks first.
The drilling of the area between the two resources started about 9 months ago, and I don't think we have heard any results, which has me puzzled.
If you believe the Gold Bull run still has a few years to run, the delay now may be working in our favour.
Mkt Price to NTA, page-8
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Last
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $61.40M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 44.0¢ | 43.5¢ | $84.84K | 195.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 217488 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 46317 | 1 |
View Market Depth
| Last trade - 12.40pm 14/06/2024 (20 minute delay) ? |
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Last
43.5¢ |
Change
-0.005 ( 1.16 %) |
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| Open | High | Low | Volume | ||
| 43.5¢ | 43.5¢ | 43.5¢ | 1220 | ||
| Last updated 12.40pm 14/06/2024 ? | |||||
| LSX (ASX) Chart |