BUY 0.00% 0.4¢ bounty oil & gas nl

mmr is cheaper than buy

  1. 9,286 Posts.
    have i got this right

    BUY has 553M shares for market cap of $55M @ 10 cents per share

    MMR has 174M shares and options for market cap of $66M @ 38 cents per share

    MMR will hold 42.5% of the project and BUY will hold 15%

    BUY is only free carried for the first drilling and Advent will have $27M for the drilling for which MMR will be 51% shareholder

    so currently BUY is much more expensive than MMR

    I just switched from BUY to MMR
 
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