XAO 0.27% 8,586.9 all ordinaries

Short Term Trading Week Starting: Tues 3rd Apr, page-207

  1. 24,019 Posts.
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    STTCOMP BSX, FA LONG

    Cobalt & Gold explorer
    One high grade cobalt & gold in Canada
    Three gold projects in Australia

    MC  $47m at 49.5c/share
    Options 2m + Performance 7m
    Estimated cash: $5m (debt free)
    Fully diluted enterprise value: ~$46m

    Tightly held stock, top 20 held ~65%, management held about 20%.

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    1. Little Gem Cobalt & Gold project in Canada (Large underexplored ~330km2)
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    2. Three Gold projects in Australia:

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    Last edited by 8horse: 04/04/18
 
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