"So does this mean that as the principal director in Lynas, and as the controlling shareholder in Wilkes Holdings, that Mr Curtis is effectively proposing to sell the Lynas Crown resource (what Lynas promoted in the 2007 presentation as potentially having a $50 billion metal content), to himself and Forge shareholders (ie. Forge/Wilkes Holdings) for $20 million, a 250,000 percent discount/gain (someone please check my calculations, because I must have my figures wrong, it just sounds too absurd)."
Gwaihir,
A couple of days ago I called a company that does mine evaluations. I gave him two figures similar to yours and his answer was similar to your answer that my figures must be wrong, because it made no sense to him.
"So does this mean that as the principal director in Lynas, and...
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Last
$7.80 |
Change
-0.090(1.14%) |
Mkt cap ! $7.370B | |||
| Open | High | Low | Value | Volume |
| $7.85 | $7.94 | $7.77 | $9.357M | 1.190M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | $7.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 5998 | 25 |
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| Last trade - 15.40pm 02/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |