The unit sale price was 0.3 of 1 cents or 0.003 in dollar terms.
Put it another way - if the sale price has been 1c or 0.01 dollars the proceeds would have been $70,000. So 3/10ths of that = $21,000.
As an aside, is anyonew going to the AGM?
Question I would like asked include:
1. When will the sale of the Coogee Gold Deposit be completed and how was/will the sale price be determined - given AUD gold price is now a very healthy 1100 per ounce. If a year's + exploration can be generated very useful in keeping shareholder dilution to a minimum....
2. The company's stated interim target gold resources are 400k-600k oz - when is this likely to be achieved (obviously more drilliing will be required) and what then? eg buy a plant, build a new plant, toll treat.....are these options being investigated concurrently - plenty of cheap plant floating about at the moment....
3. Is there potential geologically for 'big' discoveries on TMX's tenements ie 1m + oz gold in any one deposit?
4. Has the company had any discussions with the medium/large base metals coys about JVing the Aztec Dome project.....?
cheers
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TMX Price at posting:
4.5¢ Sentiment: None Disclosure: Held
