I actually can't believe they've pulled off something this big, especially after the Solomons!
I'll go through every detail later today/tonight but some parts that are jumping out are:
- MNC and Andes are merging
- Will own a massive portfolio within 30km's of 40Moz Gold
- Sandfire Reources (SFR) to become Major holder of MNC (currently own ~20% of Andes)
- Andes (and new MNC) Directors to become Major holders of MNC (currently own 25% of Andes)
- Raising $4m cash
- Chuscal to be drilled shortly
- RMB payment to be settled via $2.5m in shares
- Andes tenements right next to Nick's/Anglo's massive $40B+ Nuevo Chaquiro discovery (one gold/copper porphyry target is 22km's away)
- Consolidation to occur once everything is finalised (share price will be 6c+ per share and ~200 million share on issue)
Cheers,
GB.
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Last
53.5¢ |
Change
-0.045(7.76%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
58.5¢ | 62.0¢ | 52.0¢ | $84.57K | 155.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 768 | 52.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
54.0¢ | 2000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
34 | 53235098 | 0.002 |
19 | 90400994 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 22098160 | 16 |
0.004 | 18093149 | 12 |
0.005 | 11587725 | 4 |
0.006 | 3392001 | 3 |
0.007 | 2980000 | 4 |
Last trade - 15.56pm 15/11/2024 (20 minute delay) ? |
MNC (ASX) Chart |