I agree with you stretchie they have no cash right now, but.. if...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,303 Posts.
    lightbulb Created with Sketch. 664
    I agree with you stretchie they have no cash right now, but.. if BPT do get a nice big joint venture, part of the deal will be some $.

    However, I would say a simple share script offer would do it.
    In fact, it would work out cheaper in my mind to just take them over..? (exploration wise)

    even if they 'paid' %100 premium for LKO... = $60 Million in shares, they would be getting a 'bargain' %100 of the PRL2

    As the exploration costs imply its worth at least $100 million alone.

    Good points regarding other expenditure mate, takes me a while to think of all the angles.

    I don't know, just seems a little.. strange?
    eh. I just like to have an understanding of whats going on that's all. (as $33 Mil is not small chips)

    IMHO
    DOYR. Its fun.
 
watchlist Created with Sketch. Add BPT (ASX) to my watchlist
(20min delay)
Last
$1.23
Change
-0.005(0.40%)
Mkt cap ! $2.623B
Open High Low Value Volume
$1.23 $1.25 $1.22 $4.348M 3.529M

Buyers (Bids)

No. Vol. Price($)
3 124006 $1.23
 

Sellers (Offers)

Price($) Vol. No.
$1.24 2605 1
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
BPT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.