They'll take a farm in for a 40% free carry throughout I reckon.
A major won't take less, and they won't have to spent a cent.
Will make MAK, just on Wonarah, worth something between $5 and $10, on DBK's figures I guestimate.
They've got too many other good projects to be taken by IPL I think. Or they could just sell them the single project...unlikely.
Since their other projects are so junior I doubt a RIO or BHP would go there.
Just thoughts at this stage.
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Last
1.3¢ |
Change
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Mkt cap ! $35.15M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $31.26K | 2.405M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1299170 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 2883982 | 10 |
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| AEV (ASX) Chart |