Management has achieved and has in place:If an existing operator in this space was to make a play for this resource, it seems now would be an appropriate time (before finance is nailed down).
- Mining License
- PEPR
- Official - initial - 28yr+ resource mine life
- Substantial resource to be explored with a competent & experienced team w/ IP already in place to firm up more areas
- Streaky Bay accommodation purchased
- Ports aware of impending production
- State Gov & Regional council aware & preparing for infrastructure upgrades
- Potential $117 million dollar tax deduction for future use (pending ATO approval)
Anyone else think an unsolicited takeover offer could occur in the very near future?
Would you accept a cash offer of ~7c?
Unsolicited Takeover Offer?
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $46.65M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.5¢ | $74.08K | 4.641M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 9866927 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 40828 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| ADN (ASX) Chart |