XAO 0.66% 8,530.2 all ordinaries

Short Term Trading Week Starting: 19th Mar, page-145

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    STTCOMP MQR, FA LONG

    Cobalt explorer in Canada

    MC  $19m at 45c/share (fully diluted enterprise value: $19m ($29m - $10m)
    SOI 42.5m (including pending CR @35c)
    Estimated cash: $3.5m (debt free)

    Neighbour FCC has a market cap $224m.
    MQR currently has a small indicated cobalt resource.
    Hartley has been buying, bought 5.85m at average price of 44.2c since January 2018.
 
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