TheYouth,
I am confused, not for the first time where THR is concerned !
Certainly the expenditure of $1.5million meets the requirements of the agreement to 'acquire" a further 26% of the Spring Hill tenement.
This is set out in the Companies announcement of 29/07/2011 but it is not clear to me what additional payment or issue of THR shares might be required. There were 40 million shares, plus some cash, involved in the original 25% "holding".
Perhaps some one with a better legal brain than mine can enlighten us.
Regards,
TerryA
TheYouth,I am confused, not for the first time where THR is...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add THR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $3.469M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $3.531K | 235.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 764604 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 396497 | 5 |
View Market Depth
| Last trade - 13.09pm 18/10/2024 (20 minute delay) ? |
| THR (ASX) Chart |