As a guideline, perhaps, we can consider that this morning FML has launched a buyout of its Coolgardie Gold JV.
Focus is paying $64m for the 50% it doesn't own and receiving 100% of the 1.8Moz and the 1.2Mtpa Three Mile Gold Plant.
So what would KAL shareholders accept for its 1.5Moz plus, highly prospective Nickel tenements???
ASX / MEDIA RELEASE 6 MARCH 2008
FOCUS UNVEILS $64M STRATEGY “TWO GOALS – ONE FOCUS” TO BUYOUT COOLGARDIE GOLD JV, AND ACCELERATE PRODUCTION IN BOTH GOLD AND NICKEL
KEY POINTS
• Focus moves to 100% ownership of Coolgardie Gold Project by acquiring Committee Bay’s 50% interest for $22.0M in cash, and 140 million fully paid shares in FML at 5.5 cents.
• A$36.6M debt and equity funding package announced, including a Share Purchase Plan.
• Transaction to deliver 100% ownership of the 1.8Moz Coolgardie Gold Project (WA), including the 1.2Mtpa Three Mile Hill gold plant – significantly increasing FML’s exposure to the gold price.
- Forums
- ASX - By Stock
- KAL
- what is kal worth as a takeover target
what is kal worth as a takeover target
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KAL (ASX) to my watchlist
|
|||||
Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.438M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.8¢ | $761 | 27.16K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 13498 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 34400 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13498 | 0.028 |
2 | 356938 | 0.026 |
3 | 733333 | 0.024 |
2 | 208954 | 0.023 |
1 | 47615 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 34400 | 1 |
0.031 | 15000 | 1 |
0.032 | 66934 | 1 |
0.033 | 121861 | 3 |
0.035 | 15207 | 4 |
Last trade - 12.55pm 16/07/2024 (20 minute delay) ? |
Featured News
KAL (ASX) Chart |