BHP virtually handed Aim Perkoa on a plate from $1M at the same time as JVing Mumbwa(Perkoa was the sweetner to the Mumbwa drilling deal-and oh what a sweetner) and now IF Mumbwa comes up worth mining they wont have to lift a digit to be involved in 20% of a jumbo IOCG project.
Sounds good to me.Still lots of expensive(as Tas said) drilling to go yet but they now have the zone nailed down and can concentrate a few holes on this zone to test continuity.
Aim would not have the wherewithall to go such an underground op on its own anyway.Best to build up some quality medium sized African projects in the same region as Perkoa with Perkoa profits.
d.
mumbwa jv but bhp can claw back, page-3
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42.5¢ |
Change
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Mkt cap ! $88.74M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 42.5¢ | 41.0¢ | $14.45K | 34.16K |
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| 3 | 4450 | 41.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 6321 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| AIM (ASX) Chart |