SAR, which has a plant near the recently acquired Lake Carey leases, announced today that they paid $8.5m in SAR shares for the 7mt Bundarra gold resource grading 1.9gpt for 431Koz.
They boasted that this equated to less than $20/oz.
MAT bought Lake Carey with approx. 385Koz of gold grading 1.9gpt for a price of $4.54/oz.
Same grade, approximately same size of resource for about a quarter the price.
Who reckons Lake Carey was a shrewd acquisition?
SAR, which has a plant near the recently acquired Lake Carey...
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Last
12.0¢ |
Change
-0.010(7.69%) |
Mkt cap ! $93.26M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 11.5¢ | $210.0K | 1.707M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 84655 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 115522 | 6 |
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| Last trade - 16.10pm 15/09/2025 (20 minute delay) ? |
| MAT (ASX) Chart |