Bit of a up tick here lately...given disposal of asset they need a new one pretty quickly no doubt.
CPS & Taylor Collison shell, given current market i tend to think a listed resources shell is worth 2-3x what is was a year ago regardless of cash position.
Assume $3m raise at 1c would leave it as c$7.5m mcap with $2.5m in bank with a ready to drill resource project.
One to keep an eye on
Bit of a up tick here lately...given disposal of asset they need...
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