AUL
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0.00% 28.5¢ austar gold limited

"These guys are currently valuing a cashed up Mantle at around...

  1. fakeshark
    4,255 Posts.
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    28/01/16
    08:35
    Post #: 16881661
    "These guys are currently valuing a cashed up Mantle at around $30mill according to the deal IMO."


    I agree. If Mnm had have done a 1 for 1 CR at the market SP the new fully diluted MC would have doubled to about 15 million???

    Our MC is based on 30 million per the 16.5 million funding which "IMO could" be compared to a CR at 100 percent premium???

    Could this be an accurate comparison. Don't forget we also get potential of the Namibia copper asset

    Dyor
    MNM Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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